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Identify and Describe the Principal Contract Interests a Court May

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Essay

Identify and describe the principal contract interests a court may seek to protect.


Definitions:

Sufficient Funds

Availability of enough money or resources to meet financial obligations or complete transactions.

Certificate Of Deposit

A document whereby a bank promises to pay a payee a certain amount of money at a future time.

Promise

A declaration or assurance that one will do something or that a particular thing will happen.

Accord

An agreement in the context of contract law where one party agrees to accept a substitute form of satisfaction from the other party.

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