Examlex
Which of the following is NOT commonly regarded as an emerging nation?
Consideration
A legal term referring to something of value exchanged between parties as part of a contract.
Promise
An assertion or commitment to perform a certain action or to ensure an event takes place.
Adequacy Of Consideration
In contract law, the fairness of the compensation or value exchanged in a contractual agreement, ensuring it is both lawful and substantial enough to enforce the contract.
Market Value
The current price at which an asset or service can be bought or sold in an open and competitive market.
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