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Verbal Agreement
An agreement made through spoken words between parties that can be legally binding, despite the lack of a written contract.
Specific Performance
A legal remedy requiring a party to fulfill their obligations under a contract, rather than compensating the other party with money.
Breach of Contract
The failure to perform as stipulated by the terms of a legally binding agreement.
Verbal Agreement
A contract or agreement made through spoken words rather than in writing, which can be legally binding under certain conditions.
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