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Interpreting touch does not depend on
Preexisting Duty
An obligation that one is already legally required to perform, which cannot be used as consideration for a new contract.
Legally Sufficient Consideration
Consideration that is considered to be enough or adequate under the law for a contract to be binding.
Preexisting Duty
An obligation that one party already owes under the law or another agreement, which cannot serve as consideration for a new contract.
Cost of Doing Business
The total expenses incurred by a company in operating its business, including manufacturing, marketing, and administrative costs.
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