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5
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A contract that one party may at its option, either disaffirm or enforce.
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6
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contracts that involve terms for both good and services.
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7
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Broad underlying requirement that must be met to form enforceable contract.
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8
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The giving up of a right that you legally possess.
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9
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is the law governing which contracts must be in writing in order to enforceable
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10
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Sane and thinking clearly.
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11
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The ability of a properly formed contact to be enforceable in court of law; determined by examining whether the contract is a product of genuine assent and is in writing.
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14
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Triple damages; often awarded in fraud cases.
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16
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is a remedy designed to prevent unjust enrichment of one party in an agreement.
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1
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The transfer of one party’s current rights under a contract to a third party, thereby extinguishing the original party’s rights.
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2
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In contract law, an erroneous belief that is not in accord with the existing facts.
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3
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where the offeror revokes (withdraws) the offer prior to acceptance.
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4
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Consideration that is sates in a written contract even though it is not actually exchanged.
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12
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An event that must office before a contract obligation is triggered.
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13
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An action terminating and offer whereby the offeror decides to withdraw the offer by expressly communicating the revocation to the offeree prior to acceptance.
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15
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If one party to a contract uses any form of unfair coercion to induce another party to enter into or modify a contract.
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