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Information technology equals business success and innovation.
Liquidated Debt
Debt for which there is no dispute between the parties about the fact that money is owed and the amount of money owed.
Enforceable Accord
An agreement that is legally binding and can be upheld in court.
Consideration
Something of value that is given by both parties to a contract as the agreed-upon price or exchange for the contractual promises.
Valid Consideration
An essential element of a contract, which constitutes something of value exchanged between the contracting parties.
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