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Figure 2.2
Using the figure above, identify the labeled parts.
-What is the anatomical term for Label C?
Integration Clause
A provision in a contract that declares it to be the complete and final agreement between the parties, superseding all prior discussions or agreements.
Statute of Frauds
A legal principle requiring certain types of contracts to be executed in writing and signed by all parties to be enforceable.
Real Estate
Property consisting of land and the buildings on it, along with its natural resources such as crops, minerals, or water; immovable property of this nature.
Collateral
Assets pledged by a borrower to secure a loan or other credit, which can be seized by the lender if the borrower defaults.
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