Examlex
A multiple choice question has 12 possible answers, only one of which is correct. Is it "unusual" to answer a question correctly if a random guess is made?
Creditor
A person to whom a debt or legal obligation is owed and who has the right to enforce payment of that debt or obligation.
Consideration
Something of value (such as money, goods, or services) that is exchanged between parties in a contract, making the agreement legally binding.
Output Contract
An agreement in which a seller agrees to sell all the production to a particular buyer, who agrees to purchase it.
Requirements Contract
A contract in which one party agrees to supply as much of a good or service as the other party needs during a specified period.
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