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When asked about his own burial, Socrates
Bilateral Contracts
Agreements involving two parties where each commits to fulfilling an obligation to the other, such as in sales or service contracts.
Express Contracts
Contracts in which the terms are stated explicitly and can be oral or written.
Uniform Commercial Code
A comprehensive set of laws governing commercial transactions in the United States, intended to standardize and simplify the law across states.
Personal Property
Describes movable assets or belongings that are not permanently attached to or part of real estate; includes items such as furniture, vehicles, and electronics.
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