Examlex
Exxon,Mobil,and Amoco are all descendants of the ___________ trust.
Formation Of Contract
The legal process by which an agreement between parties becomes legally enforceable, usually involving offer, acceptance, consideration, and mutual intent.
Offer And Acceptance
The fundamental components of a contract where one party makes an offer and the other accepts, creating a legally binding agreement.
Consideration
A value (such as money, service, or goods) exchanged between parties in a contract, making the agreement legally binding.
Fairness
The quality of being impartial, just, and equitable in decisions and actions.
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