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A college student faced with upcoming exams and term papers responds to his resulting feelings of anxiety by reorganizing his notes, rearranging his bookshelves, cleaning out his desk draw, and straightening up his closet. He would be showing symptoms of
Contract
A legally enforceable agreement between two or more parties with mutual obligations.
Consideration
The value (which could be in the form of goods, services, or money) exchanged between parties in a contract, making the agreement legally binding.
Legally Sufficient Consideration
A value or benefit that is recognized by law, which is exchanged between parties as part of a contract.
Legally Sufficient
This refers to a condition or document meeting all legal requirements and standards to be considered valid or enforceable.
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