Examlex

Solved

Instructions: Identify the Following Terms

question 42

Essay

Instructions: Identify the following terms.
African Economic Community (AEC), 1991


Definitions:

Contracts

Legal agreements between two or more parties that create mutual obligations enforceable by law.

Mutual Misunderstanding

A situation in which all parties involved have a different understanding of the terms or conditions of an agreement.

Contract Executed

An agreement that has been fully performed by all parties involved.

Fraud

Intentional misleading to achieve unjust advantage or illegal benefit, or to cheat someone out of a lawful entitlement.

Related Questions