Examlex
Explain the concept of collective intelligence along with examples.
Penalty Clause
A contractual provision that imposes a financial penalty on a party for a breach of contract or failure to meet specific terms.
Better Title
A legal principle indicating that among multiple claims to ownership or rights, one claim is superior or more legally valid than the others.
Goods
Tangible personal property, often referred to in the context of buying, selling, or trading physical items.
Commercially Reasonable
Actions or procedures that a prudent person would believe to be appropriate and reasonable in the context of conducting business.
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