Examlex
Why does the sequence in which service departments are allocated make a difference when using the step method but not when using the reciprocal method?
Implied Contract
An agreement created by actions of the parties involved, rather than written or spoken words, which has the same legal force as a written contract.
Executed Contract
A contract in which all parties involved have fulfilled their obligations as outlined in the agreement.
Executory Contract
A contract that has not yet been fully performed.
Executory
Executory refers to a contract or agreement in which some future act or obligation remains to be performed under its terms.
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