Where There Is an Existing Contract Between Two Parties and One

question 20

True/False

Where there is an existing contract between two parties and one party,to ensure performance by the other,promises something more,so long as the other party also gives something more,there is a binding contract and the first party must perform the new promise.

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Definitions:

Birth Rates

The number of live births per thousand of the population per year, a key demographic indicator.

Developing Countries

are nations with lower levels of socioeconomic development, characterized by lower income, less industrialization, and poorer health and educational statuses.

Economic Security

The condition of having stable income or other resources to support a standard of living now and in the foreseeable future.

GNI

Gross National Income, the total domestic and foreign output claimed by residents of a country, including wages, salaries, and investment income, less equivalent payments to non-residents.