Examlex
What is a pointer in a data file?
Liquidated Debt
A debt with a known, fixed amount that is not disputed by either party.
Unliquidated Debt
A debt for which the exact monetary value has not been determined.
Preexisting Duty
An obligation that a party is already legally bound to fulfill, which cannot serve as consideration for a new contract.
Accord and Satisfaction
A legal settlement where an agreement is made to discharge a claim by providing some form of compensation that differs from the original obligation.
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