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Match the Items. -Anticipating Positive Outcomes

question 50

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Match the items.
-anticipating positive outcomes


Definitions:

Parties' Intent

The actual aim or purpose that contracting parties had in mind at the time of entering into an agreement.

Invitation To Offer

An indication by a party that they are open to negotiation or receiving offers, but are not making a formal offer themselves.

Auctions

are sales events where goods or services are sold to the highest bidder through a competitive bidding process.

Future Intent

A legal principle pertaining to the parties' intention, at the time of making a contract, regarding their obligations and performance in the future.

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