Examlex
MATCHING
-Henry Clay
Binding Contract
An agreement between two or more parties that is enforceable by law, where all parties have agreed to the terms through offer and acceptance.
Contractual Capacity
The legal ability of a person to enter into a binding contract.
Form a Contract
The process of creating a legally binding agreement between two or more parties.
Consideration
The benefit which is bargained for between the parties and is the essential reason for a party entering into a contract.
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