Examlex
Define an efficient market.
Silence Acceptance
The concept that silence can be interpreted as acceptance of an offer under certain conditions in contract law.
Binding Contract
A legally binding contract between two or more parties that can be upheld in court.
Formal Written Agreement
A legally binding contract that is documented in writing and signed by all parties involved.
Implied Acceptance
An agreement to the terms of a contract demonstrated through actions or behaviors, rather than explicitly communicated through words.
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