Examlex
Which of the following statements is true of preemption?
Capacity
The legal ability, competency, or power to enter into a contract.
Legality
The state or quality of being in accordance with the law; adherence to the law.
Simple Contract
A contract that can be either oral or written, as opposed to a formal contract which requires a special form or method of creation.
Informal Contract
An oral or written contract that is not under a seal or is not a contract of record. Also called simple contract.
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