Examlex
The separation of powers is designed to make the judicial branch superior to the other two branches.
Adequacy of Consideration
An evaluation of whether something of legally sufficient value has been given in exchange for a promise or action, as part of a contract.
Fair Market Value
An estimate of the market value of a property, based upon what a knowledgeable, willing, and unpressured buyer would probably pay to a knowledgeable, willing, and unpressured seller in the market.
Unilateral Contract
A type of contract in which only one party makes a promise or undertakes a performance in exchange for an act, rather than a promise, from the other party.
Consideration
A legal term referring to something of value exchanged between parties as part of a contract.
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