Examlex
Whom did the Social Security Act target for assistance during the Great Depression? Who was excluded from the Social Security Act?
Definite Promise
A definite promise is a clear and unambiguous commitment or pledge made by one party to another, often forming the basis of a contractual obligation.
Consideration
In contract law, it refers to something of value exchanged between parties as the basis for a contract.
Bargained-for Exchange
Bargained-for exchange is a legal concept where parties agree to provide something of value to each other, forming the basis of a contract.
Illusory Promise
A statement that appears to be a binding commitment but allows for so much discretion that it does not legally bind the party making it.
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