Examlex
Experts estimate that hard disks using perpendicular recording will provide storage capacities about how many times greater than disks that use longitudinal recording?
Fair Market Value
The price at which an asset would exchange hands between a willing buyer and seller, each having reasonable knowledge of the relevant facts, and neither being under compulsion to transact.
Breach of Contract
Occurs when one party fails to fulfill their obligations under a contract, allowing the other party to seek legal remedies.
Unilateral Mistake
A situation in contract law where only one party is mistaken about a basic assumption on which a contract is made, which can impact the enforceability of the contract.
Mistake
An incorrect belief or understanding regarding a fact, judgment, or event that can affect the validity of a contract.
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