Examlex
What is the main limitation in the ERM framework? Why is it a limitation?
Consideration
In contract law, it refers to something of value exchanged between parties, which is necessary for the formation of a legally binding contract.
Sued
The action of bringing a lawsuit against an individual or entity, claiming wrongdoing or seeking remedies under law.
Unconscionable
A situation or term in an agreement that is so unjust or overwhelmingly one-sided in favor of the party with more power that it is deemed unenforceable under law.
Shocks the Conscience
A legal standard for determining whether a legal or governmental decision is so unjust or egregious that it violates fundamental fairness.
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