Examlex
Which of the following is NOT part of infrastructure?
Condition Precedent
A condition in a contract that must be met before a party's obligation or right becomes effective.
Contract
A legally binding agreement between two or more parties that outlines the terms and conditions for the exchange of goods, services, or other forms of consideration.
Statute of Frauds
A legal principle requiring certain types of contracts to be in writing and duly signed by all parties involved, to be enforceable.
Promissory Estoppel
A legal principle that prevents a party from going back on a promise, even if it was not formally agreed to in a contract, if someone else has relied on that promise to their detriment.
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