Examlex
Inductive logical thought involves
Offeree
The individual or entity to whom an offer is made in a contract scenario.
Offeror
The party in a contract proposal who makes an offer to enter into an agreement, waiting for the acceptance of the offeree.
Assignor
A party who transfers their rights or interests in a contract or property to another party, known as the assignee.
Mirror-Image Rule
A principle in contract law stating that an offer must be accepted exactly without modifications for a valid contract to be formed.
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