Unilateral Contract | Definition | Example
0Unilateral Contract Definition | Unilateral Contract A unilateral contract is a contract agreement in which an offeror promises to pay after the occurrence of a specified...
Business Trade
What Is A Contingent Beneficiary?
0Contingent Beneficiary A contingent beneficiary is specified by an insurance contract holder or retirement account owner as the person or entity receiving proceeds if the primary beneficiary is...
Structural Unemployment | Definition | Example
0Structural Unemployment | Definition | Example Structural Unemployment Definition: Structural unemployment is a longer-lasting form of unemployment caused by fundamental shifts in an economy and exacerbated by extraneous factors such...
Adverse Selection | How it Works | Example
0Adverse Selection | How it Works | Example Adverse selection refers generally to a situation in which sellers have information that buyers do not have, or...
Leveraged Buyout (LBO) Definition | Example
0Leveraged Buyout (LBO) Definition | Example A leveraged buyout (LBO) is the acquisition of another company using a significant amount of borrowed money to meet the cost...