An adhesion contract exists if the parties are of such disproportionate bargaining power that the party of weaker bargaining strength could not have negotiated for variations in the terms of the adhesion contract.
Adjustable rate mortgage (ARM) is a type of mortgage where the interest rate changes over time. In contrast, fixed rate mortgages made for 15, 20, or 30 years, have a set amount of interest on the loan that does not change. ARMs come in many different forms. The typical ARM has a fixed interest rate for a specific amount of time.
Adjusted basis is the cost basis of an asset adjusted for various events during its ownership.
Administrative expenses are defined under §507(a)(1) of the U.S. Bankruptcy Code, which states that claims that are given first priority distribution are those claims allowed as administrative expenses under §503(b).
An administrative warrant is a warrant obtained from a judge by an administrative body to search for violations of administrative rules and regulations. While similar to a criminal warrant, an administrative warrant requires a lower standard of probable cause to be granted.
An advance is a type of loan or payment in which money or goods are given before consideration is received in return, usually with the expectation of repayment or adjustment in basis by the party receiving the advance.
Agency law is a common law doctrine controlling relationships between agents and principals. A principal-agent relationship is created when the agent is given authority to act on behalf of the principal.
An agency shop is a place of employment in which full membership in a union is not required, but the union acts as an agent for the employees. Both union members and non-union members must pay periodic union dues and initiation fees whether they join or not since it is presumed that any collective bargaining on the part of the union will benefit b
An agreement is a manifestation of mutual assent by two or more persons to one another. It is a meeting of the minds with a common intention made through offer and acceptance. An agreement can be shown from words, conduct and in some cases, even silence.
As established in UCC §9 102-5, an agricultural lien is a lien placed on farm products like farm equipment or livestock that secures payment or performance in exchange for a loan of land, goods, or money.
