contracts

A warehouseman’s lien is a legal right granted to a storage facility or warehouse operator, allowing them to retain possession of goods stored on their premises until outstanding charges or debts for sto

In general, a warranty is a promise, assurance, or statement made by the warrantor regarding the existence or accuracy of specific facts or the condition, quality, quantity, or nature of a good or property. There are express and implied warranties, both of which are legally binding commitments.

A warranty of fitness, also known as a fitness for a particular purpose warranty, is a type of warranty that ensures goods are suitable for the buyer’s specific intended use. This warranty goes beyond general fitness for ordinary purposes, requiring that the goods meet the particular needs of the buyer.

A warranty of merchantability is a type of warranty that asserts that the goods are reasonably fit for its ordinary and intended purpose for which they are sold and are free of defects.

Though transfers by will are normally donative, it is possible to use a will to form an obligatory, legally enforceable contract.

• trusts and estates

Without recourse is a phrase meaning that one party has no legal claim against another party. It is often used in two contexts:

Witnesseth is legal jargon for the term witness. The general meaning is “to take notice of” or “to witness.” With the passing of time, the usage of the term “witnesseth” has declined but it is still used in contracts to make them look more formal.

[Last reviewed in July of 2024 by the Wex Definitions Team] 

Wrongful termination is a terminated employee's claim that the firing breached an employment contract or public policy. 

A yellow dog contract is an agreement between an employer and an employee in which the employee agrees not to join or remain a member of a labor union as a condition of employment.