The Little People name, registered and trademarked by Fisher-Price in 1985, came from Fisher-Price following the lead of consumers who referred to the early Play Family playsets as those little people.
Labor contracts define the type of work being performed. contract 20309 image by pablo from Fotolia.com. Labor contracts are an important aspect of the American work force, as many companies farm out portions of their workload to contractors, who provide needed services.
closed contract. Whose terms constitute the entire agreement between the contracting parties and no clause or provision can be changed or modified without mutual consent. An insurance contract, for example, is a closed contract whereas a construction contract may not be one. See also open contract.