Examlex
A person running a retail business works only when the business is open.
Statute of Limitations
A legal rule setting the maximum time period in which certain actions can be brought to court or certain rights enforced, after which claims are barred regardless of merit.
Undisputed Debt
The amount of money owed that is not contested or challenged by the debtor, accepted as due and payable.
Statute of Limitations
The law prescribing the time limit within which legal action must be brought for certain kinds of claims or rights to be enforced.
Illusory Promise
A statement that appears to be a promise but does not actually commit the promisor to any action, lacking enforceable obligations.
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