Examlex
Each of the following is true except ________.
Repudiated
When a party refuses to acknowledge or fulfill their contractual obligations, effectively rejecting the contract.
Enforceability
The capability of a contract or legal agreement to be legally compelled or upheld in a court of law.
Capacity
The legal ability, competency, or power of an individual or entity to enter into binding contracts or perform some act.
Insured
A person or entity covered under an insurance policy, providing protection against loss or damage specified in the policy terms.
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