Examlex
Which of the following statements is false?
Contract
A legally binding agreement between two or more parties that is enforceable by law, characterized by an offer, acceptance, consideration, and mutual intent to be bound.
Objective Determination
A decision made based on unbiased evidence and facts, without influence from personal feelings or opinions.
Consideration
An essential element in contract law, referring to something of value exchanged between parties as part of an agreement.
Consideration
In contract law, the value (which could be an object, service, money, or promise) that is given in exchange for a promise or performance by another party.
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