Examlex
Heavy drinking is:
Legal Liability
Refers to being legally responsible for damages or enforcement actions, arising out of one's actions or omissions under the law.
Offer
A proposal presented by one party to another as a basis for negotiation, intending to create a binding legal agreement upon acceptance.
Interim Agreement
A binding contract that will subsequently be put into a more formal document; usually referred to as an agreement of purchase and sale in a real estate transaction.
Binding Contract
A legal agreement between parties that is enforceable by law, where each party has specific obligations.
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