Examlex
A few hours after a dinner party, most of the people who attended begin to suffer nausea, vomiting, and diarrhea. The food at the meal is suspected as the source, although no unusual microbes are cultured from samples of the food or from stool samples. These observations suggest they may be suffering from food (infection/intoxication).
Offer
A proposal presented by one party to another with the intention to create a legally binding agreement upon acceptance.
Escrow Account
An escrow account is a financial arrangement where a third party holds and regulates payment of the funds required for two parties involved in a given transaction, ensuring fair and secure dealings.
Objective Theory
A legal principle stating that the terms of a contract are interpreted based on external expressions (actions, words) rather than internal intentions.
Offeror's Words
The specific language or phrasing used by the person making an offer in a contract scenario, which can impact the terms and acceptance of the contract.
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