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| A uniform set of laws dealing with contracts for the sale of goods; adopted by most states. |
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| A contract in which both parties have made promises to perform. |
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| To undo a contract, usually when the contract is voidable. |
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| A law based on English common law requiring certain types of contracts to be evidenced by in writing. |
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| A rule of contract law stating that when parties have put their agreement in writing, evidence of prior or contemporaneous statements regarding the agreement are not admissible if a dispute arises and the parties go to trial. |
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| A clause in a contract that indicates that the contract is meant to embody all of the terms of the parties' agreement. |
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| A contract imposed by law; a transaction that will be treated as a valid contract even though one or more elements may be missing, because it is the equitable thing to do. |
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| The failure of one party to a contract to perform his or her obligations under the contract. |
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| A court order requiring one party to fulfill his or her obligations under a contract. |
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| To make restitution is to return consideration that was given. |
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| An out-of-court hearing before a neutral party who listens to two or more disputing parties and renders a decision resolving the dispute. |
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| The transfer of one's rights under a contract. |
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| The person who makes a transfer or assignment of rights under a contract. |
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| The person to whom a transfer or assignment is made. |
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| The transfer of obligations under a contract. |
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| Land, including anything affixed to the land or growing upon the land. |
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| Outright ownership of land. |
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| The right to use real property for the term of someone's life. |
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| Co-ownership of property characterized by a right of survivorship. |
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| A term that describes co-ownership of property carrying no right of survivorship. |
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| Property owned jointly by married persons; not all states recognize community property. |
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| Property owned jointly by married persons in non-community property states. |
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| A document that evidences title to real property; it is also used to convey property. |
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| A type of deed used in some states that implies certain representations regarding title. |
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| A type of deed used in some states that implies certain representations regarding title. |
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| A deed that implies no representations or warranties regarding title. |
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| The right to a limited use of a portion of another's property. |
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| An encumbrance against real property. |
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| A legal proceeding involving the sale of encumbered or mortgaged property when the owner fails to pay the debt. |
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| A document that evidences a debt secured by real property. |
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| The right to use another's property for a limited time. |
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| An agreement between an owner of property and another in which the owner of the property gives the other person the right to use the property for a set period of time. |
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| A lawsuit to evict a tenant. |
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| Property rights in the result of one's thoughts, ideas, or inventions; includes patents, copyrights and trademarks. |
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| Improper interference in the intellectual property rights of another. |
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| Joining together of employees for the purpose of negotiating; often done by a union. |
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| An employment arrangement without a fixed term. |
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| A policy, such as hiring or school admission, that gives a preference to a group that has experienced past discrimination. |
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