Examlex
If your salary increases and the cost of goods in stores increase at the same rate,does a unit of money have more or less buying power?
Void
A legal term indicating that an agreement or contract has no legal force or effect and is unenforceable.
Consideration
In legal terms, it refers to something of value that is exchanged between parties in a contract, making the agreement legally binding.
Breach of Contract
A situation where one or more parties involved in a contract fail to fulfil their legal obligations as outlined in that contract.
Writing Requirement
A legal stipulation that certain kinds of contracts must be in writing to be enforceable.
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