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In the past few centuries, choices have led to a substantial decline in the standards of living around the globe.
Capacity
The ability to incur legal obligations and acquire legal rights.
Offer
A proposal by one person to another that is intended to create legal relations on acceptance by the person to whom it is made.
Void Contract
A contract that has no legal force or effect and cannot be enforced by either party.
Legal Obligations
Duties imposed by law requiring individuals or organizations to comply with legal standards and regulations.
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