Examlex
When a person perceives that an event is a threat to his goals, he engages in a(n)
Preexisting Legal Obligation
An obligation that existed before the current situation or agreement, which may affect the validity of a new contract.
Outputs Contract
An agreement in which the seller agrees to sell all of the production at its facility to a buyer, who agrees to purchase it, often used in industrial or farming contexts.
Oral Modify
The act of making changes or amendments to an existing contract through spoken agreement, as opposed to written modifications.
Debt Settlement
A negotiation process where a debtor and creditor agree on a reduced balance that will be considered as payment in full.
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