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How Does PESTEL Analysis Aid in Building a Better Vision

question 34

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How does PESTEL analysis aid in building a better vision of the future business landscape?


Definitions:

Mistake Of Value

A misunderstanding about the significance, worth, or value of something involved in a contract, which may affect the validity of the contract.

Mutual Mistake

A situation in contract law where all parties involved have an incorrect belief about a vital fact at the time of entering into a contract.

Unilateral Mistake

An error made by one party in a contract that is not shared by the other party, potentially affecting the contract's validity.

Mutual Mistakes

A situation in contract law where all parties involved have a shared misunderstanding regarding a basic assumption that significantly impacts the contract.

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