Unbalanced Agreement
An unbalanced agreement in the broad sense is one that, …
Category: Commercial Law
Undertaking
Two meanings: (i) a promise as in a “contractual undertaking”; …
Unfair Commercial Practices Directive
Refers to a to a Directive adopted by the EU …
Unfair Contract Terms Act
U.K. legislation that prohibits the inclusion of certain types of …
Unfair Trading/Competition
Term that encompasses a wide area of activity and whose …
Uniform Franchise Offering Circular (UFOC)
A standard franchise offering statement and guidelines developed by the …
United Nations Convention on Contracts for the International Sale of Goods
See CISG
UPOV
International Union for the Protection of New Varieties of Plants.
Uptime, Uptime Clause, Uptime Provision
A clause in a contract that specifies that a delivered …
Urge-to-Merge
As merger discussions initiated between companies progress, it can be …