EssentialsOFBusLaw_chapter12 Flashcards
1
Q
Adhesion contracts
A
Standard form contracts prepared by one party and presented to the other on a “take it or leave it” basis.
2
Q
Bailee
A
A person who rightfully possesses goods belonging to another.
3
Q
Bailment
A
Giving possession and control of personal property to another person.
4
Q
Bailor
A
One who creates a bailment by delivering goods to another.
5
Q
Exculpatory clause
A
A contract provision that attempts to release one party from liability in the event the other is injured.
6
Q
Oppression
A
One party uses its superior power to force a contract on the weaker party.
