Parties to a Contract Must Intend to Create Legally Binding

question 27

True/False

Parties to a contract must intend to create legally binding obligations.

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Definitions:

Egocentrism

describes the cognitive inability to distinguish between one's own perspective and that of others, frequently observed in young children.

Decentration

Simultaneous focusing on more than one dimension of a problem, so that flexible, reversible thought becomes possible.

Ultrasound

A diagnostic medical procedure that uses high-frequency sound waves to produce images of structures within the body, such as organs and vessels.

Prenatal Development

The process of growth and development within the womb from conception to birth, covering stages from zygote, embryo, to fetus.