Examlex
A competency is ________.
Counter-Offer
A proposal made as a response to an offer, which negates the original offer and suggests new terms for an agreement.
Revocation
The official cancellation or withdrawal of an offer, license, or agreement.
Unilateral Contract
A binding agreement in which one party promises to do something in return for an act of the other party, rather than a promise.
Profit Participation
A financial arrangement where an individual's or entity's income is partially derived from the profits of a business or project.
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