Examlex
In the November 2010 midterm election, the Democratic Party experienced an unprecedented loss of seats in Congress. Yet, in California all of the Democratic candidates running for statewide office won. An analysis of the vote concluded that a key factor in the Democratic success was
Statute of Frauds
A legal principle that requires certain types of contracts to be executed in writing and signed by all parties to be enforceable.
Witnesses
Individuals who observe an event, such as the signing of a document, and can attest to its occurrence.
Beneficiary
The person for whose benefit an insurance policy, trust, will, or contract is established. In the case of a contract, the beneficiary is called a third-party beneficiary.
Parol Evidence Rule
A legal rule that prevents the introduction of outside evidence to modify, vary, or contradict the terms of a written contract.
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