Examlex
Which utterance is the MOST developmentally advanced?
Unilateral Contract
A type of contract in which only one party makes a promise or undertakes a performance in exchange for an act, rather than a promise, from the other party.
Consideration
A legal term referring to something of value exchanged between parties as part of a contract.
Promise
An assertion or commitment to perform a certain action or to ensure an event takes place.
Adequacy Of Consideration
In contract law, the fairness of the compensation or value exchanged in a contractual agreement, ensuring it is both lawful and substantial enough to enforce the contract.
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