Examlex
Find the indicated product.
Bankruptcy
A legal procedure for dealing with debt problems of individuals and businesses; officially declared inability to pay outstanding debts.
Promissory Estoppel
A legal principle that prevents a promisor from denying a promise when the promisee relies on it to their detriment.
Consideration
A fundamental concept in contract law that refers to something of value (such as money, a promise, or an act) exchanged between parties as part of a contract.
Bargained-For Exchange
A mutual agreement between parties in which each promises to give something in exchange for a benefit.
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