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________ Provides a Brief Description of a Potential Problem and Its

question 51

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________ provides a brief description of a potential problem and its possible solution.


Definitions:

Unilateral Contract

A contract in which one party promises to perform a certain action in response to an act of the other party.

Offeree's Performance

The actions or fulfillment of conditions by the party to whom an offer has been made in a contract scenario.

Reward

A sum offered for the performance of some service or attainment of a specific goal, typically by the government or other institutions.

Accord

An agreement between parties to settle a dispute by making concessions.

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