Examlex
Identify the four levels of measurement and give the distinguishing characteristics of each.
Gratuitous Promise
This is a promise made without requiring anything in exchange, often lacking legal enforceability because it lacks consideration.
Legal Obligation
A duty enforced by law, requiring an individual or organization to act or refrain from acting in a specific manner.
Statutory Provision
A specific piece of legislation enacted by a governing body that establishes legal requirements or regulations.
Common Law
A system of law based on precedent and customs, originating in England and forming the basis of the legal system in the United States and other countries.
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