Examlex
Many laws that directly influence marketing activities were enacted either to preserve a competitive atmosphere or to protect consumers.
Objectively Worthy
A term used to describe something that is considered to have value or merit based on unbiased criteria or standards.
Preexisting Duty
An obligation that one is already legally required to perform, which cannot be used as consideration for a new contract.
Legally Sufficient Consideration
Consideration that is considered to be enough or adequate under the law for a contract to be binding.
Preexisting Duty
An obligation that one party already owes under the law or another agreement, which cannot serve as consideration for a new contract.
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