Examlex
When entering into a legally enforceable insurance contract consideration must exist. Explain what consideration is and the form it takes in insurance contracts.
White-Collar Employees
Workers who perform job duties in an office or other professional setting, often involving administrative, clerical, or managerial tasks, as opposed to blue-collar workers who perform manual labor.
Interest-Based Bargaining
A negotiation strategy focusing on mutual interests rather than positions, aiming for win-win solutions.
Mutual Interests
Shared common goals or concerns between parties that provide a basis for cooperation or partnership.
Collective Bargaining Agreement
A contract negotiated between employers and a union representing the employees on work terms and conditions.
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