Examlex
Higher efficiency in the economy can be reached if prices are held low by law.
Verbal Agreement
A contract or agreement made through spoken words rather than writing, which can be legally binding.
Specific Performance
A legal remedy requiring a party to perform their part of a contract, rather than simply paying damages for failing to do so.
Enforce Joyce's Promise
This phrase suggests taking legal or formal steps to ensure that an obligation or commitment made by someone named Joyce is fulfilled.
Interest Rate
The percentage at which interest is paid by a borrower for the use of money.
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