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Explain absolute threshold.Give one example of absolute threshold.
Specified Period
A set timeframe or duration that is explicitly stated or agreed upon.
Revoke Offer
The withdrawal of an offer by the offeror before it is accepted by the offeree, rendering the offer void.
Essential Terms
Critical conditions or stipulations in a contract that are necessary for it to be enforceable and determine its nature and scope.
Contract
An agreement between two or more parties that is enforceable by law and legally binding.
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