Examlex
What is an economic system from an anthropological approach?
Federal Law
Laws passed by the national government that are supreme over state laws and apply throughout the entire country.
Contract Modification
Any change or alteration to the terms of a contract agreed upon by all parties involved.
Consideration
A legal concept referring to something of value given by both parties to a contract that induces them to enter into the agreement to exchange mutual performances.
Mirror-Image Rule
The principle that holds that the terms of the acceptance must mirror the terms of the offer; if the terms of the acceptance do not mirror the terms of the offer, no contract is formed, and the attempted acceptance is a counteroffer.
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