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11 Cards in this Set
- Front
- Back
Acceptance |
occurs when the party to which the offer was made agrees to the terms of the contract. |
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American with Diplomatic Act of 1990 |
Law making it to discriminate employees based on a disability. |
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Breach of Contract |
Occurs when one party intentionally or unintentionally does not fulfill their contract obligations. |
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Collective Bargaining |
Occurs when employers and employees negotiate their salary and work requirements. |
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Common Law |
judge-made law passed down over the years; governs every except for goods and sales. |
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Completent |
Able to execute the contract |
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Consideration |
legal term of bargain when one party gives something up and another party receives something ion return |
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Contract |
legally enforceable document between two or more parties creating an obligation. |
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Counteroffer |
Occurs when the original offer of a contract is not accepted and new |
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Employee Retirement Income Security Act |
law requiring and the labor department receive a detailed list of what each employee will receive when it is to collect their pension. |
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Employement Discrimination Law |
law aiming to prevent employment discrimination based race, sex, age, religion |