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A Standard Form Business Contract Requires Independent Legal Advice to the Party

question 52

Multiple Choice

A standard form business contract requires independent legal advice to the party agreeing to the terms in order to be contractually binding


Definitions:

Variable

A factor, characteristic, or detail that can alter or shift.

Quantity

A property that can exist as a magnitude or multitude, often measurable and expressed as a number or amount.

Quality

An attribute or a property characteristics of an object, person, or something else.

Quantified Existential

A logical term referring to statements that quantify the existence of some entity or entities in a particular domain.

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