Examlex
What is the basic SI unit for length?
Legal Detriment
A concept in contract law where a party receives something of value in exchange for foregoing a legal right, forming a basis for a binding agreement.
Legal Benefit
An advantage or gain, especially in a contractual context, that a party receives, which constitutes consideration necessary for a valid contract.
Unilateral Contract
A contract in which only one party makes a promise or undertakes a performance, while the other side only has to perform if they choose to.
Forbearance
An agreement between a debtor and lender to temporarily postpone repayment of a loan, often to avoid default.
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