Examlex
classification systems have been developed by reformers to ensure consistency and predictability.
Moral Obligation
A duty or commitment that is not legally enforceable but is based on ethical or moral considerations.
Preexisting Duty Rule
A legal principle that an existing obligation or duty cannot serve as consideration for a new contract.
Rescission
The act of canceling a contract, returning both parties to their pre-contractual situation.
Mutually Agree
A situation in which two or more parties come to a common understanding or consent on a matter.
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