Examlex
Open source is any proprietary software licensed under exclusive legal right of the copyright holder.
Offerees
Individuals or entities to whom an offer is made, which they can either accept or reject.
Present Intent
A legal term referring to an individual's current intention to perform an act or designate a legal status, crucial for the validity of certain legal documents and transactions.
Definiteness
A characteristic of a contract that requires its terms to be clear enough for the parties involved to understand their obligations and rights.
Reasonable Time
An amount of time that is fair and appropriate under the circumstances to perform a legal duty or obligation.
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