Examlex
Which of the following statements about Webb-Pomerene associations is most likely true?
Consideration
In contract law, it is something of value exchanged between parties as part of an agreement, serving as the reason or inducement to enter into the contract.
Legally Sufficient
A term indicating that an act, document, or process meets all necessary legal requirements and standards.
Legally Sufficient
A term indicating that an element of a contract or transaction meets the necessary legal standards to be upheld in court.
Objectively Worthy
A term used to describe something that is considered to have value or merit based on unbiased criteria or standards.
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