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Nominal Consideration
A token amount shown in a contract to indicate that a contract exists, often used to satisfy the legal requirement for a contract to be binding but not intended as a true economic value exchange.
New Car
Refers to a vehicle that has not been previously registered and comes directly from a dealership or manufacturer.
Brother
A male sibling or a man or boy in relation to other sons and daughters of his parents.
Past Consideration
A term in contract law meaning that an act done before a contract is made is not good consideration for the contract.
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