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Statute of Frauds
A legal principle that requires certain types of contracts to be executed in writing and signed by the party to be charged.
Promissory Estoppel
The legal enforcement of an otherwise unenforceable contract due to a party’s detrimental reliance on the contract.
English Rule
A legal principle where the losing party in a lawsuit is required to pay the winning party's legal costs.
American Rule
A legal principle stating that each party in a lawsuit typically pays their own attorney's fees, regardless of who wins.
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