Examlex
Regarding the hierarchy of human needs, which of the following statements is FALSE?
Contract
A legally binding agreement between two or more parties that outlines the terms and conditions for an exchange of goods or services.
Risk of Loss
Refers to the possibility of an asset's value decreasing due to changes in market conditions or other unforeseen circumstances.
Sales Contract
A legal agreement between a buyer and seller outlining the terms of a sale of goods or services.
Insure
To provide or obtain insurance coverage against risk or loss.
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