In a Release,only One of the Parties Must Make a Legally

question 36

True/False

In a release,only one of the parties must make a legally enforceable promise.

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Definitions:

Invested

To have allocated resources, such as money, toward something with the expectation of generating income or profit.

Deposited

The act of placing money or another form of value into an account.

Interest

The cost of borrowing money or the payment received for deposit funds, calculated as a percentage of the principal.

Investment

The allocation of money into financial assets, real estate, or other ventures with the expectation of obtaining additional income or profit.