Examlex
The objective of a _____ system is to ensure that the knowledge contained within the minds of the employees is available to that organization.
Preexisting Duty
An obligation that a party is already legally required to perform, which cannot serve as the basis for new consideration in a contract.
Sump Pump
A device used to remove accumulated water from a sump basin, commonly found in the basements of homes.
Moral Obligation
A duty or commitment that is not legally enforceable but is based on ethical or moral considerations.
Preexisting Duty Rule
A legal principle that an existing obligation or duty cannot serve as consideration for a new contract.
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