Examlex
Positive slack indicates the maximum amount of time
Age Of Majority
The legally defined age at which an individual is considered an adult with the full capacity to enter into binding contracts.
Limited Capacity
Limited capacity refers to a person's restricted legal ability to perform certain actions or enter into contracts due to age, mental condition, or other legal constraints.
Voidable
A legal term indicating that a contract or transaction can be legally canceled or annulled by one of the parties.
Legally Binding Contract
A legally binding contract is an agreement between parties that is enforceable by law, meaning each party has legal obligations they must fulfill.
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