Examlex
Which of the following types of authority is passed on through the generations?
Material Term
A significant provision in a contract that notably affects the rights and obligations of the parties involved.
Elements of Offer
The criteria that must be met for a proposal to be considered a valid offer in contract law, typically including intent, definiteness, and communication to the offeree.
Revocation Exceptions
Specific circumstances under which the withdrawal or cancellation of an offer, right, or privilege is not permitted.
Destruction of Subject Matter
The termination of a contract due to the accidental destruction of the contract's subject matter, leaving the agreement without a base.
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