Examlex
A country which was forced to reduce its industrial production by a more powerful competitor was
Bargained-for Exchange
An essential principle of contract law involving the mutual exchange of promises or consideration between parties entering an agreement.
Legal Sufficiency
The adequacy of evidence or legal grounding in an agreement, claim, or defense that meets minimum legal standards to proceed or withstand scrutiny in a court of law.
Legal Right
An entitlement derived from a legal system that allows or empowers a person to act in a certain way or requires others to interact with the person according to specified rules.
Binding Contract
An agreement between parties that is legally enforceable in a court of law.
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