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question 238

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Understand the implications of privacy and data protection laws on cross-border data exchange.
Understand the components and formation of enforceable contracts, including offer, acceptance, and consideration.
Differentiate between various types of contracts and agreements, including leases, option contracts, and requirement contracts.
Identify the legal requirements for the validity of electronic and online contracts.

Definitions:

Affirming Consequent

A logical fallacy where a conclusion is incorrectly inferred solely based on the truth of its consequent, despite lacking sufficient evidence.

Hypothetical Syllogism

A logical argument consisting of two conditional statements and a conclusion, based on the premise that if one condition is true, then a second condition must follow.

Modus Tollens

A form of logical argument where the denial of the consequent leads to the denial of the antecedent, symbolically represented as "If P then Q; not Q; therefore not P."

Hypothetical

Based on or serving as a hypothesis, suggesting a possible scenario or assumption for the sake of argument.

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