Examlex
Which problem has been found recently in the system of special districts?
Promisor
The party in a contract who makes a promise to perform or provide a benefit to the promisee.
Statute of Limitations
A law that sets the maximum time after an event within which legal proceedings may be initiated.
Previous Debt
An obligation or a financial liability that was incurred before the current period or transaction being considered.
Illusory Promise
A statement that appears to assure a commitment but lacks the essential elements to bind the promisor legally.
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