Examlex
Contracts must always be in writing to be enforceable.
Competition
The rivalry among businesses to attract customers, improve offerings, and achieve a higher market share.
Repudiation
The refusal to acknowledge or pay a debt or fulfill a contract or agreement.
Contractual Right
A legally enforceable claim that arises out of a contract, allowing a party to demand performance or compensation if the contract terms are not met by the other party.
Voiding
The act of declaring something null and void, thereby removing its legal force or effect.
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