Examlex
Consider the following statement: "Issuing bonds at a discount is bad for the issuing corporation." Required: Discuss the statement above and comment on its validity.
Consideration
In contract law, consideration refers to something of value exchanged between parties as part of an agreement.
Good Faith Purchasers
Individuals who buy property without knowledge of any existing claims or issues, often protected by law.
Infants
Legally refers to individuals who are under the age of majority, typically considered to be 18 years in many jurisdictions, and who are thus limited in their ability to enter into contracts.
Minors
Individuals under the age of legal adulthood, which varies by country, typically recognized as under 18 or 21 years old.
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