Examlex
Placing a photograph next to the text to which it refers in a report is adhering to the visual design principle of
Common Law
A body of laws based on judicial decisions and customs, rather than statutory laws passed by a legislature.
Adequate Consideration
A fair and reasonable value exchanged in a contract, ensuring that all parties receive something of value.
Arbitration Clause
A provision in a contract that requires the parties to resolve disputes through arbitration rather than through litigation in court.
Preexisting Duty
An obligation that a party is already legally bound to, which cannot serve as consideration for a new contract.
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