Examlex
A forcing strategy is one in which the union and employees are pressured to accept the changes management wishes to implement in response to competitive pressures.
UCC
A complete range of laws called the Uniform Commercial Code is designated to administer commercial activities in the United States.
Flexible Statute
A law designed to be adaptable and able to accommodate various situations as they arise.
Liquidated Damages Provision
A contractual clause that determines the amount of damages payable if one of the parties breaches the agreement.
Penalty Provision
A clause in a contract or law that specifies a penalty for non-compliance or violation of its terms.
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