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Statute of Frauds
A legal principle that requires certain types of contracts to be written and signed to be enforceable.
Obligor's Consent
The necessary agreement or permission from the party obligated to perform under a contract or legal duty.
Parol Evidence Rule
A legal principle that prohibits the use of oral or written statements made prior to or at the time of a written contract to change or contradict the terms of the contract.
Assignee
An individual or entity to whom rights or interests have been transferred by another.
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