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Walking into a bakery, you immediately notice the smell of freshly baked bread. What is the name of the process through which physical stimuli, such as odors, are converted into neural signals that are sent to the brain?
Mitigate Loss
Actions taken to reduce the severity or impact of a loss or damage, often a duty in contractual contexts.
Consideration
In contract law, something of value that is given by both parties to a contract that induces them to enter into the agreement to exchange mutual performances.
Damages
Financial compensation ordered by a court to be paid to a person who has suffered loss or harm due to the unlawful act or negligence of another.
Condition Precedent
A legal term for a condition that must be fulfilled before a party is required to perform a contractual obligation.
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