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Poverty-stricken rural areas are known as
Mutual Assent
An agreement between parties that intend to form a contract, evidenced by an offer and acceptance.
Consideration
A value that is promised, given, or received by a party in a contract, making the agreement legally enforceable.
Justifiable Reliance
The reasonable trust placed by one party in the representations of another, particularly in situations leading to contracts or agreements.
Noncontractual Promise
An assurance or pledge not bound by a formal contract and generally not enforceable by law.
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