Legal terms starting with U

The Uniform Commercial Code; a set of standardized laws governing sales of goods and commercial transactions.

A standardized set of rules governing commercial transactions adopted by most U.S. states.

Vagueness or ambiguity in contract terms that prevents enforcement.

A contract term so unfair and one-sided that a court will refuse to enforce it.

Improper pressure from someone in a position of trust that undermines a person's free will.

Temporary income payments to workers who lose their jobs through no fault of their own.

A contract or clause that a court will not force either party to follow, even though it appears valid.

A contract that courts won't enforce, even though it's technically valid.

A contract where only one party makes a binding promise in exchange for the other's performance.

An error made by only one party to a contract about a material fact.

An offer that invites acceptance by performance of an act, rather than by a return promise.

A legal claim when someone gains money or benefit unfairly at another's expense.

Standard industry practices and customs that courts use to interpret contract terms.