Examlex
The application of electronic tools,such as email,instant messaging,and blogs,to contemporary marketing has the potential to greatly reduce costs and increase customer satisfaction by increasing the speed and efficiency of marketing interactions.
Mutual Assent
An agreement between two or more parties manifested by an offer and acceptance, which forms the basis of a contract.
Legality
Conformity with the law or adherence to lawful requirements.
Competent Parties
Individuals or entities that have the legal capacity to enter into a contract, including being of legal age and sound mind.
Consideration
A fundamental concept in contract law that involves something of value exchanged between parties entering into a contract.
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