Examlex
The principle of comparative advantage helps explain trade between nations.
Contract Law
The body of law that governs the formation, enforcement, and interpretation of contractual agreements.
Clear Evidence
Highly convincing or indisputable proof that supports a claim, allegation, or decision.
Negotiable Instrument
A formal document that promises to pay a certain sum of money, either upon request or at a specified date, with the right for the recipient to pass it on to someone else.
Privity
A concept in contract law referring to the relationship between parties in a contract, limiting the rights and obligations to those parties directly involved.
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