Examlex
_____ means that a general hearing was held on the person's mental competency, and the court determined that the person was of unsound mind and appointed a guardian or conservator of the person's estate.
Binding Contract
An agreement between parties that is legally enforceable by law, containing all essential elements of a contract.
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.
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