Examlex
Critically evaluate the following statement. "Higher bond prices are what causes lower interest rates."
Express Condition
A clearly stated and explicit requirement within a contract that must be satisfied for contractual obligations to be fulfilled.
Formal Language
A set of strings constructed using the formal grammar, often used in computer science, mathematics, and linguistics.
Reasonable Time
A legal standard that refers to the amount of time that is fairly appropriate, given the circumstances, to perform a certain action.
Substantial Performance
Substantial performance refers to a situation where a party has fulfilled enough of their contractual obligations to warrant payment, even if minor elements are still uncompleted.
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