Examlex
Term for identification: Bartholomew de las Casas
Punitive Damages
Monetary compensation awarded to an injured party that goes beyond what is necessary to compensate for losses and is intended to punish the wrongdoer.
Mutual Assent
An agreement between parties that is reached after each party has a clear understanding of the terms and decides to enter the agreement.
Valid Offer
A proposal made by one party to another intending to create a legally binding agreement, subject to acceptance.
Accepted Properly
Refers to the act of formally agreeing to the terms of an offer or contract in a manner that meets all legal requirements.
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