The phrase “meeting of the minds” is a concept in contract law that represents not only the collective agreement between […]
Business
Kinds of Contracts: From Manner of Creation to Validity
A contract represents a legally binding agreement between two or more parties. Note that there are different types or kinds […]
Elements of an Enforceable Contract
There are six recognized elements of an enforceable contract. Of course, as a backgrounder, a contract is a legally binding […]
Econ 101: The Difference Between Recession and Depression
Recession and depression are two terms used in economics to describe downturns in economic activities. Take note that although both […]
Distributive Bargaining vs. Integrative Negotiation
Distributive bargaining and integrative bargaining are two primary types of strategy used in negotiation or conflict resolution. Take note that […]