Examlex
Match each term with its explanation or definition.
-Uses the mobile-receptor model to function
Legally Binding Contracts
Legally binding contracts are agreements recognized by law as enforceable, having all legal elements like offer, acceptance, consideration, and capacity.
Age of Majority
The legally recognized threshold of adulthood when individuals are considered capable of managing their own actions and decisions, including entering into contracts.
Mental Illness
A broad range of medical conditions that affect a person's thinking, feeling, mood, ability to relate to others, and daily functioning.
Mailbox Rule
The principle that holds that an acceptance is valid when it is placed in the mailbox, whereas a revocation is effective only when received by the offeree. In some jurisdictions, the mailbox rule has been expanded to faxes.
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