A commodity classification request is when a company exporting goods internationally from the United States asks the Bureau of Industry and Security (BIS) to determine their products’ Export Control Classification Number (ECCN) under the...
commercial law
conscious parallelism
Conscious parallelism refers to businesses changing their prices to reflect the prices of competitors within a market without colluding or communicating with competitors. Unlike price-fixing which involves conscious agreement between...
construction lien
A construction lien, also known as a mechanic’s lien, laborer’s lien, or artisan’s lien, is a type of lien that gives contractors a security interest in property until they have been paid for their work on that property.
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constructive fraud
Constructive fraud in the field of contract law refers to a breach of a duty through material misrepresentations upon which a third party relies. Unlike standard fraud, intent to deceive is not a requirement of constructive fraud. Nonetheless...
contract implied in fact
A contract implied in fact consists of obligations arising from a mutual agreement expressed not through words but implied through actions. To support a contract implied in fact, facts and circumstances surrounding the actions must show a...
contract implied in law
A contract implied in law, also known as a quasi-contract or a constructive contract, is an obligation created by law for the sake of justice or to avoid unjust enrichment. A contract implied in law operates as a valid contract for purposes...
contract of adhesion
See Adhesion contract.
contractor
A contractor is a business or entity that agrees to perform work under terms of a contract. Contractors are distinct from employees in that they are generally in charge of how work will be performed and are obligated to provide a specified...
contractual lien
A contractual lien is a name for a category of liens that stem from contracts and do not depend on the common law or statutes for their existence. A contractual lien is essentially a contract that gives a security interest in property to one...
control
Control as a verb is to exercise one’s power or authority over something or someone, to regulate or govern, or to have a controlling interest in. Control as a noun is the power to govern, manage, direct, or oversee something or someone....