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In a focal-point review system, all employees are evaluated at approximately the same time.
Unilateral Contract
A contract in which only one party makes a promise or undertakes a performance, while the other party accepts by performing the specified act.
Oral Acceptance
The verbal agreement to the terms of a contract, which in some cases can be legally binding, depending on the nature of the contract and jurisdiction.
Battle Of The Forms
A situation in contract law where two parties form an agreement based on differing standard terms and conditions, typically through the exchange of forms like purchase orders and invoices.
Preprinted Forms
Standardized documents containing preset language used in various types of agreements or contracts.
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