Examlex
When Word is first opened,_____.
Contract
A legally binding agreement between two or more parties that outlines obligations and rights of the involved parties.
Promisor
The individual or party that makes a promise or commitment in a contract.
Benefiting Party
Refers to the individual or entity who receives advantage or profit from a legal agreement or act.
Promised
A declaration or assurance that one will do a particular thing or that guarantees a certain outcome or condition.
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