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While many nations with different cultures, histories, and populations operate under a democratic system that is run under a constitution, they do share some important similarities. What are the three main principles shared by constitutional democracies? Describe them and indicate how these principles work together.
Contracting Parties
The entities (individuals or companies) that enter into a contractual agreement, each undertaking specific obligations outlined within.
Courts Presume
The principle that courts assume certain facts to be true until proven otherwise, under specific legal doctrines or in the absence of evidence to the contrary.
Insurance Contract
An agreement between an insurer and a policyholder in which the insurer promises to pay for specific losses or damages in exchange for premiums paid by the policyholder.
Void
A term describing a contract or legal obligation that is null, having no legal force or effect from the beginning.
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