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What Are Fixtures? Give Some Examples

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What are fixtures? Give some examples.


Definitions:

Acceptance

The act of agreeing to the terms of an offer, thus completing the process of making a contract binding.

Negotiations

The process of discussing terms andconditions in order to reach a mutual agreement or compromise.

Essential Aspects

Fundamental components or characteristics that are crucial for the understanding, functioning, or value of a concept, object, or system.

Formal Agreement

A legally binding contract between parties, typically written and signed, outlining specific terms and conditions.

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