Examlex
Which of the following is NOT a characteristic of norms?
Interpret Contracts
The process of determining the legal obligations and rights of the parties involved in a contract through examination of the contract's language and structure.
Genuine Assent
A true agreement to a contract evidenced by all parties' understanding and free will to enter into the contract without any deception, coercion, or undue influence.
Common Law
A body of unwritten laws based on legal precedents established by the courts, as opposed to statutes or regulations enacted by legislative bodies.
Offeror
The person or entity who makes a proposal or offer in a contract negotiation.
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