Examlex
Evaluate.
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Financial Difficulties
refer to situations where an individual or entity struggles to meet financial obligations due to insufficient funds.
Quantum Meruit
A legal principle that allows a party to receive a reasonable payment for services provided when no specified compensation is involved.
Past Consideration
Something completed before an agreement is made; it is not valid consideration.
Early Repayment
The act of paying off a loan or mortgage before the agreed-upon due date, often resulting in financial penalties.
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