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In the nineteenth century,how did China's confrontation with Britain compare to Japan's confrontation with the United States?
Allocating Risk
The process of identifying and distributing the potential financial, operational, or legal hazards among parties in a transaction or agreement.
Contract Law
A branch of law that deals with agreements between parties, their rights, and obligations.
Consideration
In contract law, consideration refers to something of value exchanged between parties that is necessary for a valid contract.
Binding Contract
A legal agreement between two or more parties that is enforceable by law.
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