Examlex
Which of the following will definitely increase an S&L's net worth, all else equal?
Consideration
The benefit, interest, or value that induces a party to enter into a contract; essential for a contract to be legally binding.
Legal Value
The recognized worth or significance of something within a legal context, often relating to the enforceability of a contract or transaction.
Legal Relations
The relationships and obligations created by laws between individuals, organizations, or states.
Proposal
An offer made by one party to another, intending to create a legal obligation upon acceptance.
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