Examlex
While males are more likely to commit crimes,females are more likely to be the victims of crime.
Preliminary Agreement
An initial agreement that outlines the basic terms and conditions under which a final deal will be conducted, often used in real estate transactions and business deals.
Essential Terms
Critical conditions or clauses within a contract that define the agreement's fundamental obligations.
Online Auction
A digital marketplace where items are sold to the highest bidder through a timed bidding process.
Effective Offer
A proposal that meets all legal requirements and is presented in a manner that a reasonable person would understand its terms, triggering a potential contract.
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