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Oral Contract
An agreement between parties that is made through spoken words and promises rather than in writing, yet is legally binding.
Unilateral Mistake
A misunderstanding where one party to a contract is mistaken about a basic assumption on which the contract is based.
Rescinded
Revoked, canceled, or repealed, usually by official or formal action.
Public Trustee
A government official or department appointed to manage the estates, property, or financial affairs of individuals unable to do so themselves due to incapacity, absence, or death.
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