Examlex
If owls begin migrating to an area to feed on a particular mouse species, but the mice have ingested a toxin (to owls) that begins to keep the owl population in check, which then causes the mouse population to increase, until more owls move into the area, and so on, this is an example of a
Consideration
Consideration is a fundamental principle in contract law, referring to something of value exchanged between parties as part of an agreement.
Legal Value
Consideration or benefit recognized by law as sufficient to form a valid contract or enforceable obligation.
Gross Inadequacy
An extreme lack of sufficiency or competence in performance or provision, often referenced in legal contexts concerning contractual or fiduciary obligations.
Bilateral Contract
A type of contract that involves two parties where each party makes a promise to the other.
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