Examlex
Sphaerotilus and Leptothrix are examples of
Consideration
In contract law, it refers to something of value exchanged between parties as part of a contract, required for the agreement to be legally binding.
Capacity
The legal ability, competency, or power to enter into a contract.
Legality
The state or quality of being in accordance with the law; adherence to the law.
Simple Contract
A contract that can be either oral or written, as opposed to a formal contract which requires a special form or method of creation.
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