Examlex
Identify the equation as a parabola, circle, ellipse, or hyperbola.
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Unilateral
A mistake that is the result of an error by one party about a material fact, that is, a fact that is important in the context of the particular contract.
Offeror
An entity or person who puts forth a proposal or bid for a contract, indicating a willingness to enter into an agreement under specified terms.
Consideration
Something of value (such as money, services, or goods) that is exchanged between parties in a contract, making the agreement legally binding.
Offer and Acceptance
Fundamental principles in contract law where an offer proposal is made by one party and accepted by another, resulting in a legally binding agreement.
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