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Experiments on natural concept formation with pigeons have shown that
Irrevocable Offers
Offers in a contractual context that cannot be withdrawn, revoked, or altered once made, often for a specific period of time.
Consideration
In contract law, something of value (such as goods, services, or money) exchanged between parties that is necessary for a valid contract.
Freedom of Contract
The ability of parties to negotiate the terms of their contracts freely without undue restriction.
UCC
A broad framework of legal provisions, the Uniform Commercial Code, dictates the conduct of all commercial activities across the United States.
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