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Renunciation
The formal rejection of a claim, right, or possession, usually involving a legal or official declaration.
Forbear
To refrain from enforcing a right or claim, or to abstain from doing something.
Unilateral Contract
A contract in which one party makes a promise in exchange for the other party's performance, rather than a promise in return.
Prior Unenforceable Obligations
Refers to commitments or agreements that were not legally binding or couldn't be enforced due to certain conditions or deficiencies in their formation.
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