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What is the difference between an emergency responder and an emergency manager?
Statute of Frauds
A legal concept requiring certain types of agreements to be executed in writing and signed by the parties involved to be enforceable.
Collateral Promises
Agreements that are secondary to a primary transaction or promise, often requiring the backup of an asset as security.
One-Year Rule
A legal provision in contract law stating that contracts which cannot be performed within one year must be in writing to be enforceable.
Oral Contract
An agreement between parties that is spoken, not written, but is still legally binding.
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