Examlex
Which of the following statements about the period from 1860 to 1900 is not true?
Verbal Agreement
A verbal agreement is an oral contract or understanding between parties, which can be enforceable depending on the context and the nature of the agreement.
Written Contract
A written contract is an agreement between parties that is recorded in a document form, providing clear terms and conditions that are legally enforceable.
First-Grade Steel
First-grade steel is a classification of steel indicating premium quality, meeting the highest standards of strength, durability, and purity.
Bonafide Purchase
The acquisition of goods or property in good faith without knowledge of any defects or claims against it.
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