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Is happiness valuable for its own sake?
Sufficient Consideration
A necessary element in contract law where something of value is exchanged between parties to form a valid contract.
Illusory Promises
Statements or promises that appear to assure performance or commitment but, due to vague or conditional terms, do not actually bind the promisor to any action.
Forbearance
A temporary postponement of mortgage payments granted by a lender or creditor in lieu of forcing the property into foreclosure, allowing the borrower time to catch up on payments.
Breach of Contract
A violation of the terms or conditions as stated in a contract, which may result in legal action or penalties against the party at fault.
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