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What is the "French Paradox"? Explain briefly.
Integrated Contracts
Legal agreements that combine all terms and conditions outlined in several related documents into a single, comprehensive document.
First-Assignment-in-Time Rule
A legal principle that gives priority to the first assignee in time when multiple assignments have been made for the same rights or property.
Intended Beneficiaries
Persons or entities for whom a contract creates a benefit, even though they are not a direct party to the contract.
First-Assignment-in-Time Rule
A principle stating that the party who first receives an assignment or right will have priority over others in certain legal contexts.
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