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Reasonable Amount
An amount that is considered fair, appropriate, and not excessive under the circumstances, often used in legal and financial contexts.
Gratuitous Promise
A pledge or commitment made without the expectation of receiving something in return, not typically enforceable as a contract.
Statute Law
Written laws passed by a legislative body at the federal or state level, as opposed to common law, which is derived from judicial decisions.
Early Payment
The act of settling a debt or invoice before its designated due date, which may sometimes lead to benefits such as discounts.
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