Examlex
Investment in specialized assets is a huge risk of vertical integration.
Promisee
The person to whom a promise or commitment is made, especially in the context of a contractual agreement.
Promisor
An individual or entity that makes a promise or agreement to perform a specified action in a contract.
Contractual Rights
The specific entitlements and obligations that are established within a contract, allowing the parties involved to enforce the terms legally.
Obligor
A party who is legally bound to fulfill an obligation or debt to another party, known as the obligee.
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