Examlex
A disruptive technology produces an improved product customers are eager to buy, such as a faster car or larger hard drive.
Unilateral Promise
A pledge or commitment by one party to perform an act without requiring a reciprocal promise from another party.
Consideration
Something of value that is exchanged between parties in a contract, which is necessary for the agreement to be legally binding.
Performance
The action or process of carrying out or accomplishing an action, task, or function.
Oral Contract
An agreement made through spoken words rather than written, which can be legally binding under certain conditions.
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