Examlex
Explain the reason for conducting a company situation analysis.
Promissory Estoppel
A legal principle preventing a party from retracting a promise made, when the other party has reasonably relied on that promise to their detriment.
Express Contract
An agreement with terms explicitly stated by the parties involved, either orally or in writing.
Contract Status
The current legal state or condition of a contract, including whether it is active, pending, or terminated.
Illegal Services
Services that are prohibited by law, such as those that involve criminal activities or violate regulations.
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