Examlex
A statement qualifies as a spontaneous statement only if it was made while the declarant was still under the stress and excitement of the event.
Creditor Attempts
Efforts made by creditors to collect debts owed to them, which can include legal actions, settlement negotiations, or other collection activities.
Bargained-For Exchange
An agreement between parties where each receives something of value in exchange for something else.
Nominal Consideration
A minimal amount given in a contract that is not calculated by the actual value of the transaction but is symbolic, to make the agreement legally binding.
Moral Obligations
Ethical duties that a person feels compelled to perform based on personal beliefs about right and wrong, despite not being enforceable by law.
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