Examlex
According to the FDA,a food label that reads "improves memory" is an example of a
Reasonably Definite Terms
A principle that a contract must be clear enough in its terms so that the obligations of each party can be understood and enforced.
Offer
A key factor in the agreement element of a contract; consists of the terms and conditions set by one party, the offeror, and presented to another party, the offeree.
Elements
Elements are the basic components or essential parts that make up something, such as the periodic table elements in chemistry or the parts of a legal claim.
Offeree
is the person or entity to whom an offer is made, especially in the context of contracts, who has the power to accept or decline the offer presented.
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