Examlex
A rising parcel of air expands and cools, whereas a sinking parcel is compressed and warms.
Disposition
The act of disposing, selling, or transferring property or assets, often as part of a legal settlement or estate management.
Inter Vivos Trust
A trust created and implemented during the lifetime of the grantor to manage or protect assets.
Mental Capacity
The legal ability of a person to make decisions or enter into a contract, which requires understanding and appreciating the implications of one's actions.
Valid Contract
An agreement that has met all legal requirements, making it enforceable by law.
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