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Technician A says that a hole can be drilled in cast iron using no lubricant. Technician B says that a hole can be drilled in aluminum without the use of a lubricant. Who is right?
Firm Offer
A legally binding proposal in contract law, ensuring the offer remains open for a specified time without the need for consideration.
Irrevocability
The quality of being irreversible or unchangeable, often used in legal contexts to describe contracts or decisions that cannot be revoked or undone.
Unilateral Contract
A contract in which one party makes a promise in exchange for the other party's performance, becoming binding once performance is completed.
Bilateral Promise
An agreement in which two parties make commitments to perform certain actions or obligations to one another.
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