Flow-down (as in Flow-down clauses)
A contract provision by which the parties incorporate the terms of the prime contract to lower tier subcontracts. It may also be referred to as a pass-through or conduit clause. […]
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A test of the performance of some new product under the conditions in which it will be used.
READ MOREFiduciary
A person who holds a legal or ethical relationship of trust with one or more other parties Typically, a fiduciary prudently takes care of money or other assets for another […]
READ MORECopyright: Fair Use
In US copyright law, the doctrine that brief excerpts of copyright material may, under certain circumstances, be quoted verbatim for purposes such as criticism, news reporting, teaching, and research, without […]
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Regulations overseen by several U.S. agencies, especially the Departments of State, Commerce, and Treasury, that implement federal laws put in place to protect national security, promote foreign policy, and in […]
READ MOREEscrow
A financial instrument or an asset is held by a third party on behalf of two other parties that are in the process of completing a transaction.
READ MOREEmployment
A contract in which one person, the employee, agrees to perform work for another, the employer.
READ MOREEducational Purposes
Activities that are integral, immediate, and proximate to the education of students.
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