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| A legally binding agreement between two parties.
| | ''Economics.'' |
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| Essential elements of an enforceable contract under English law include offer and acceptance, consideration, and legal capacity to contract (together with other legal requirements).
| | Inflation caused by an increase in costs for firms (for example, trade unions driving up wages), which in turn are passed on to consumers in the form of higher prices. |
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| The fundamentals of contract law are similar throughout the countries of Europe, the US and many other jurisdictions.
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| However, each jurisdiction has its own individual contract law and, although these may be similar in many respects, they can also be significantly different in essential elements, for example in relation to the requirement for [[consideration]].
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| == See also == | | == See also == |
| * [[Assignment]] | | * [[Closed shop]] |
| * [[Breach of contract]] | | * [[Cost push]] |
| * [[Capacity]] | | * [[Demand-pull inflation]] |
| * [[Condition]]
| | * [[Inflation]] |
| * [[Consensus in idem]]
| | * [[Trade union]] |
| * [[Consideration]]
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| * [[Contra proferentem]]
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| * [[Counter-offer]]
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| * [[Eiusdem generis]]
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| * [[Engagement letter]]
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| * [[Exemption clause]]
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| * [[Express term]]
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| * [[Frustration]]
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| * [[Implied term]]
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| * [[Indemnity clause]]
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| * [[Invitation to treat]]
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| * [[Lease]]
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| * [[Liquidated damages]]
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| * [[Long term contracts]]
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| * [[Minor]]
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| * [[Misrepresentation]]
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| * [[Open interest]]
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| * [[Performance risk]]
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| * [[Privity of contract]]
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| * [[Repudiation]]
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| * [[Restrictive covenant]]
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| * [[Service agreement]]
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| * [[Sweetheart deal]]
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| * [[Warranty]] | |
| * [[Zero hours contract]] | |
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| [[Category:Treasury_operations_infrastructure]] | | [[Category:The_business_context]] |
| | [[Category:Financial_products_and_markets]] |
Latest revision as of 18:29, 5 March 2022
Economics.
Inflation caused by an increase in costs for firms (for example, trade unions driving up wages), which in turn are passed on to consumers in the form of higher prices.
See also
