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Law of Contracts
The branch of law dealing with the creation and enforcement of agreements between parties, outlining the obligations that each party must fulfill.
Contractual Capacity
Contractual capacity refers to the legal ability of a party to enter into a contract, generally requiring them to be of sound mind and of legal age.
Binding Agreement
A contract or deal between two or more parties that is legally enforceable in a court of law.
Legal Ability
The capability or qualification to engage in a legal task or to perform legal duties, often requiring specific knowledge or licensing.
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