Examlex
Improved quality is one benefit of using a lean production system.
Collateral Contract
A secondary agreement made in addition to a primary contract, which induces a party to enter into the primary contract.
Leading Object Rule
A legal principle in contract law used to determine whether a promise is enforceable under the Statute of Frauds.
Parol Evidence Rule
A legal principle that prohibits the use of oral or extrinsic evidence to contradict, vary, or add to the terms of a written contract.
Collateral Promise
A secondary promise to pay another person's debt only if that person fails to pay.
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