Examlex
The discounted cash-flow method is an effective way to estimate the value or selling price of a real estate investment.
Minor
A person under the legal age of majority, often under 18, thus restricted in certain legal capacities.
Ratification
The formal validation of a proposed contract, amendment, or treaty, often requiring official approval to become legally effective.
Ratify
To formally approve or confirm an agreement or action, making it officially valid.
Disaffirms
To legally reject or void a contract or agreement, especially one entered into by minors or under conditions that invalidate consent.
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