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Virtual expatriates find it easy to maintain close contact with subordinates and customers due to advances in communication technology.
Consideration
Consideration refers to something of value promised to another party in exchange for something else, forming a legal reason for parties to enter into a contract.
Common Law
A body of unwritten laws based on legal precedents established by the courts, distinct from statutory law.
Article 2
Often refers to a specific section within a constitution or a part of a legal code dealing with a particular area, such as commercial transactions in the U.S. Uniform Commercial Code.
Genuine Assent
A true and voluntary agreement to enter into a contract, implying that all parties involved fully understand and agree to the terms.
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