Examlex
In the linear equation Y´ = a + bX , " b " is called the
Unilateral Contract
A contract where one party makes a promise in exchange for an action performed by the other party, which then binds the first party.
Adequacy Of Consideration
The fairness or sufficiency of what one party receives in return for what they provide in a contract.
Fair Bargain
An agreement between parties that is equitable and just, where each party receives a benefit in exchange for what is given.
Enforce Promises
The legal ability to ensure that agreements or commitments are carried out, often through contract law.
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