Examlex
The ____ step of the programming development cycle consists of three major tasks:
(1) review the requirements,
(2) meet with the systems analysts and users, and
(3) identify input, output, processing, and data components.
Contract Formation
The process by which parties agree on the terms of a contract, leading to a binding agreement; typically involves offer, acceptance, consideration, and mutual intent.
Past Consideration
A concept in contract law that refers to a benefit or act that has already been given or performed before the promise is made, which is not valid consideration for a current contract.
Bilateral Contract
An agreement involving two parties where each promises to perform an act in exchange for the other's act.
Return Promise
An agreement in a contract where one party promises to perform an action in response to the performance of a second party.
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