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According to Piaget,around age 11,young people enter the formal operational stage of development,in which they
Federal Common Law
A body of law developed by the federal courts that applies nationwide, based on judicial decisions rather than statutes.
Unilateral Contract
A contract where one party makes a promise in exchange for a performance by the other party, which acts as acceptance of the offer.
Express Contracts
An express contract is a clearly stated agreement between parties, where the terms are explicitly mentioned either orally or in writing.
Implied Contracts
Agreements inferred from the actions, behavior, or circumstances of the parties involved, rather than from written documentation or explicit verbal agreement.
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