Examlex
Which of the following causes of unemployment is not associated with a wage rate above the equilibrium level?
Conditional
Dependent on certain conditions or requirements being met before full effect or enforcement.
Partial Performance
An exception to the statute of frauds in which the performance of portions of an unwritten agreement by one or both parties can constitute proof that an oral contract exists between the parties.
Significant Performance
A legal concept in contract law indicating that a party has fulfilled enough of its contractual obligations to warrant payment.
Express Conditions
Clearly stated stipulations in a contract that must be met for contractual obligations to be performed or for certain outcomes to take place.
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