Instructions: Identify the Following Terms

question 43

Short Answer

Instructions: Identify the following terms.
the Bolshevik Party

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Definitions:

Legally Sufficient

A term that implies a claim, defense, or other legal assertion meets the minimum legal requirements to proceed in a court of law.

Fair Market Value

The price that property would sell for on the open market between a willing buyer and a willing seller.

Preexisting Duty

An obligation that a party is already legally required to perform, which cannot serve as consideration for a new contract.

Executory Contract

A contract that has not yet been fully performed or completed by one or more parties.