Examlex
At Kohlberg's conventional level,
Previous Transactions
Previous transactions refer to earlier business deals or financial exchanges relevant to the current discussion or transaction.
Principal Objective
The main goal, aim, or purpose that an individual, organization, or project intends to achieve.
Interpreting Contracts
The process of determining the legal obligations and rights arising from the terms of a contract.
Proper Consideration
Adequate value or compensation exchanged between parties in a contract, which is necessary for the agreement to be legally binding.
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