Examlex
The Social Readjustment Rating Scale is a way of measuring
Bargained-for Exchange
A fundamental principle in contract law where both parties voluntarily agree to provide something of value to the other, forming a valid contract.
Actual Benefit
A term referring to the real, tangible advantages or gains received from a particular action, agreement, or situation.
Consideration
In contract law, a benefit which must be bargained for between the parties, and is the essential reason for a party entering into a contract.
Paid in Full
A declaration that all outstanding debts or obligations have been completely settled.
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