Examlex
The basic elements of a contract include agreement, lawful subject matter, and:
Liabilities
Financial obligations or debts owed by a person or company to others.
Taxation Principle
The guidelines governing how taxes should be levied on individuals and businesses in a fair and efficient manner.
Tax Revenue
The income that is gained by governments through taxation from individuals and businesses.
Economic Income
The total value of all income generated by the assets of an individual or organization, including both realized and unrealized gains.
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Q524: To be enforceable, which of the following