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Illusory Promise
A statement or promise that appears to assure a commitment but, upon closer inspection, lacks the necessary binding effect to be considered legally enforceable.
Breach Of Contract
A situation where one party fails to fulfill their obligations under a contract.
Adequacy Of Consideration
The fairness of the value exchanged in a contract, though not necessarily equal in monetary terms.
Court
An institution established by the government to settle disputes through a legal process, providing a forum where evidence is presented and legal judgments are made.
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Q68: All of the following are definitions of