| A | B |
|---|
| parol evidence rule | Rule under which a written contract cannot be changed by prior oral or written agreements. |
| express contract | Contract in which the agreement of the parties is spoken or written. |
| formal contract | Written contract that must be in a special form to be enforceable. |
| executed contract | Contract that has been fully performed. |
| simple contract | Any contract that is not a formal contract. |
| implied contract | Contract in which intent of the parties is shown by conduct or circumstances. |
| quasi contract | Obligation that is enforced as if it were a contract in order to prevent unjust enrichment of one party. |
| statute of frauds | Law stating that certain agreements are not enforceable unless they are in writing and are signed by the party against whom the contract is to be enforced. |
| executory contract | Contract that has not been fully performed. |
| contract of adhesion | Contract in which the more powerful party dictates all the important terms. |
| notary public | A public officer who formally certifies that the signatures on deeds and other documents are authentic. |
