Examlex
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Contract
A contract between two or more parties that is recognized and enforceable under the law.
Consideration
Something of value that is exchanged between parties in a contract, making the agreement legally binding.
Extra Vacation Week
An additional week of vacation granted beyond the standard allocated time, often as a benefit or reward.
Valid Contract
An agreement between two or more parties that is enforceable by law, having all essential elements like offer, acceptance, and consideration.
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