Examlex
In the context of knowledge management, tacit knowledge can be captured easily in data repositories.
Mental Incapacity
A state where an individual is unable to understand the nature and consequences of their actions, affecting their ability to enter legal agreements or make decisions.
Essential Terms
Fundamental conditions or clauses in a contract that are necessary to the performance of that contract.
Legally Binding
An agreement or contract that is enforceable by law, where all parties involved are obligated to fulfill the terms.
Merchant
A person or company engaged in the business of selling goods or services.
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