Examlex
Simplify.
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Gratuitous Agent
An agent who acts on behalf of another without receiving any compensation.
Consideration
A fundamental element of a contract, referring to something of value exchanged between parties, such as services, goods, or money.
Contractual Capacity
The legal ability to enter into a binding agreement.
Agency Relationship
represents a legal arrangement where one party, the agent, acts on behalf of another party, the principal, in dealing with third parties.
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