Examlex
To determine a child's competencies,it is useful to have some knowledge of:
Illusory Promise
Describes a statement or agreement that appears to be a promise but is too vague or has terms that allow the promisor to avoid any real obligation.
Consideration
Something of value given by both parties to a contract that induces them to enter into the agreement to exchange mutual performances.
Student Debt
Loans accumulated through financing higher education, often a significant financial burden for graduates.
Bilateral Contract
A legal agreement in which both parties make promises to perform certain actions or obligations.
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