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Eli is headed to his job harvesting grapes at a local vineyard.He earns $8 every hour he works there.His friend calls him and asks him to go mountain biking for the next 2 hours instead.Eli cannot decide between the two activities.His indecision implies he values riding his mountain bike for two hours:
Valid Obligation
A legally binding duty or commitment that is enforceable under the law.
Previous
Referring to something occurring before the current point in time or the item immediately before another in order or sequence.
Accord And Satisfaction
A contract law concept where a dispute is settled by an agreement (accord) and the subsequent payment (satisfaction), which discharges the original contractual obligation.
Mutual Agreement
A consensus or accord reached between two or more parties on a matter, often formalized through a contract or verbal understanding.
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