Examlex
____ are often allocated based on total machine hours or total labor hours.
Void Contract
An agreement that is null and lacks legal effect or enforceability from its inception.
Valid Contract
An agreement between two or more parties that is enforceable by law.
Executory Contracts
Contracts under which both parties have unfulfilled obligations that need to be met in the future.
Bilateral Contracts
Agreements involving two parties where each commits to fulfilling an obligation to the other, such as in sales or service contracts.
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