Examlex
John Rawls' suggestion that society should reward behavior that provides the most benefit to the community as a whole is referred to as
Promissory Estoppel
A legal principle that prevents a party from going back on a promise, even if it was made without formal consideration, when someone else has reasonably relied on that promise.
Statute of Frauds
A legal principle requiring certain types of contracts to be in writing and signed by the parties involved to be legally enforceable.
Statutory Novation
The replacement of an obligation to perform under a contract with a new obligation or party, as recognized by statute.
Effective Assignment
A transfer or allocation that fully accomplishes its intended purpose, often relating to tasks, responsibilities, or legal rights.
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