Examlex
Define the engagement letter and discuss its importance.
Donee Beneficiary
A third party who benefits from a contract in which a promisor agrees to give a gift to the third party.
Incidental Beneficiary
A person who indirectly benefits from the fulfillment of a contract or agreement but has no legal right to enforce the agreement.
Statute of Frauds
A rule of law mandating specific agreements must be documented with the signatures of those participating to be valid and binding.
Oral Evidence
Testimony given by a witness or party during a trial based on what the witness has heard or personally experienced.
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