Examlex
The amount of time it takes to switch between sending and receiving in half-duplex transmission is called the propagation delay.
Unforeseen Circumstances
Events or situations that could not have been predicted and often cause a change in plans or necessitate a response.
Illusory Promise
An illusory promise is a statement that resembles a promise but does not actually commit the speaker to any action or obligation, making it unenforceable as a contract.
Preexisting Duty
An obligation that a party is already legally required to perform, which cannot serve as valid consideration for a new contract.
Valid Consideration
Something of value exchanged between parties in a contract, which is necessary for the contract to be legally enforceable.
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