Examlex
A dependent variable represents the cost of an activity, while the independent variable represents the level of the activity.
Intended Beneficiary
A person or entity outside of a contract whom the parties intend to benefit directly through the contract’s performance.
Court
A legal institution where disputes are settled, judgments are made, and justice is administered under the law.
Contract
A legally binding agreement between two or more parties that outlines obligations and rights, enforceable by law.
Performance
The execution or fulfillment of terms as specified in a contract, such as the completion of duties or the payment of a sum.
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