Examlex
When is it statistically most likely that a couple will divorce?
Reformation
The process of correcting or modifying a contract to reflect the true intentions of the parties involved when the original agreement is in error.
Equitable Remedy
A remedy provided by courts in situations where legal remedies (like monetary damages) are inadequate or inappropriate, focusing on fairness.
Concurrent Condition
Conditions in a contract that must be met simultaneously by the involved parties for the agreement to be executed fully and legally.
Accord and Satisfaction
A legal settlement where a debtor offers something of value to a creditor, and the creditor accepts it as full repayment of the debt.
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