Examlex
Unlike rule utilitarianism,act utilitarianism is accurate in predicting the future outcomes of an action.
Statute of Frauds
A legal principle requiring certain contracts to be written and signed to be enforceable, aimed at preventing fraud.
In Writing
The term "in writing" refers to the requirement that certain agreements, contracts, or notices be recorded on paper or in a digital format to ensure legality and enforceability.
Guarantee
A formal assurance, typically by one party to another, that certain conditions will be fulfilled, including quality, performance, or durability of a product or service.
Primary Obligation
The fundamental duty or liability that a party is required to fulfill under a contract.
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