Examlex
Describe the two broad types of application software.
Agreements
Contracts or arrangements made between two or more parties that are enforceable by law.
Custom
A traditional practice or habitual behavior that is considered a norm within a specific society, culture, or community.
Sellers and Buyers
Parties involved in a transaction where goods, services, or assets are exchanged from the seller (provider) to the buyer (purchaser).
Liquidated Damages
A predetermined amount of money that must be paid as damages for failure to perform under a contract.
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