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When a given difference is determined to be "significant", then
Statute Of Frauds
A legal principle requiring certain types of contracts to be written and signed in order to be enforceable.
Bound By Contracts
A phrase indicating that parties are legally obligated to adhere to the terms outlined in a contract they have entered into.
Presumed
Accepted as true or valid based on the evidence until proven otherwise.
Primary Obligation
The main or fundamental duty that a party is required to perform under a contract.
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