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Enforceable
Describes a legal agreement or obligation that can be upheld or compelled through legal processes.
Offeree
The person or entity to whom an offer is made, which can be accepted, resulting in a binding contract.
Consideration
In contract law, consideration refers to something of value that is exchanged between parties as part of an agreement.
Promisee
The party in a contract who is to receive the benefit of the promise or action stipulated in the agreement.
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