Examlex
Which of the following is a type of element in an XML Schema?
Consideration
Something of value promised to another when making a contract that compels them to enter into the agreement; an essential element in the formation of a legally binding contract.
Promise
A declaration or assurance that one will do something or that a particular thing will happen, often forming the basis of a contract.
Requirements Contract
A contract in which one party agrees to supply as much of a product or service as the other party needs.
Composition Agreement
An arrangement where creditors agree to accept less than the full amount owed to them as full satisfaction of their claims.
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