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Text Acceptance
Acceptance of an offer or agreement through written text, often facilitated by digital means such as SMS or email.
Auction With Reserve
An auction in which the seller reserves the right to accept or reject the highest bid if it falls below a predetermined amount.
Contract
An agreement between two or more parties that is enforceable by law.
Condition Precedent
A contractual term that requires a specific event or action to occur before a contract becomes binding.
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