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The Labels First World,Second World,and Third World Represent a Common,if

question 35

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The labels First World,Second World,and Third World represent a common,if ethnocentric,way of categorizing nations.First World refers to the democratic West,which is traditionally conceived of as being in opposition to a Second World ruled by


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Express Contract

A contract in which the terms of the agreement are explicitly stated verbally or in writing.

Implied Contract

a contract formed by the actions, behavior, or circumstances of the parties involved, rather than written or spoken words.

Void Contract

A contract that lacks legal validity, making it unenforceable and as if it never existed from the onset.

Voidable Contract

A valid agreement that may be legally voided at the option of one of the parties due to certain conditions such as fraud or duress.

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