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Oral Contract
An oral contract an agreement made with spoken words and either no writing or only partially written. An oral contract may generally be enforced the same as a written agreement.
Ouster
Ouster refers to the wrongful dispossession of a rightful owner or tenant of real property, which forces the dispossessed party to bring a lawsuit to regain possession. This often occurs between partners in an enterprise or roommates, when one co-owner or co-tenant forces out the other, changes locks or makes the premises inhabitable.
Output Contract
An output contract is an agreement in which a producer agrees to sell its entire production to the buyer, who agrees to purchase the entire output, regarardless of the amount.
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