KEY CONCEPTS AND TERMS

Browsewrap contract

Clickwrap contract

Cloud computing

Compensatory damages

Complete performance

Consequential damages

Consideration

Contract

Contract of adhesion

Contractual capacity

Duty to mitigate

End user license agreement (EULA)

Incomplete performance

Liquidated damages

Mailbox rule

Mirror image rule

Nominal damages

Offer

Offeree

Offeror

Remedy

Repudiation

Shrinkwrap contract

Software as a Service (SaaS)

Specific performance

Statute of Frauds

Substantial performance

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