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Efficiency and equity are ____________ competing concepts that should be ___________.
Expressly Agree
To explicitly consent to or acknowledge something, typically in a clear and unequivocal manner.
Validly Assigned
Legally transferred or delegated to another party, in the context of rights, duties, or properties, in accordance with applicable laws and agreements.
Incidental Beneficiary
A third party who unintentionally benefits from a contract between two other parties, without having legal rights to enforce the contract's terms.
Contractual Rights
Legal rights acquired by individuals or entities under the terms of a contract, including the rights to receive goods, services, or payments.
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