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Mirror Image Rule
A principle in contract law that demands an acceptance must exactly match the terms of the offer for a valid contract to be formed.
Commercial Transactions
The exchange of goods, services, or funds in a business context, often governed by legal regulations and agreements.
Strictly Applied
Refers to the rigorous enforcement or adherence to rules, laws, or principles without deviation or exception.
Consideration
Consideration refers to something of value that is exchanged between parties in a contract, making the agreement legally binding.
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