Examlex
Explain the three common bureaucratic problems that can be avoided by focusing on the goal.
Capacity to Enter
Refers to the legal ability of a party to enter into a binding contract, often requiring that the individual be of a certain age and sound mind.
Legal Consequences
The outcomes or effects that result from the application or violation of laws, which can include penalties, fines, or other legal judgments.
Capacity to Contract
The legal ability of a person to enter into a binding agreement.
Consideration Given
The value (such as money, service, or goods) promised in a contract to persuade a party to agree to the contract.
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