Examlex
The expectation of future revaluation causes a balance of payments crisis marked by
Debts Barred
Relates to debts that cannot be legally recovered due to the expiration of a statute of limitations.
Statutes Of Limitations
Laws that set the maximum time after an event within which legal proceedings may be initiated, thus limiting the duration a party can be sued or charged.
Inadequate Consideration
This term implies an agreement in which the value exchanged between two parties is significantly disproportionate, questioning the fairness of the deal.
Promissory Estoppel
A legal principle that prevents a promisor from denying the promise or going back on it if the promisee has reasonably relied on the promise to their detriment.
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