Examlex
No individual or group can have power in isolation.
Bound By Contracts
A phrase indicating that parties are legally obligated to adhere to the terms outlined in a contract they have entered into.
Presumed
Accepted as true or valid based on the evidence until proven otherwise.
Primary Obligation
The main or fundamental duty that a party is required to perform under a contract.
Debtor
An individual or entity that owes money or other obligations to another party, known as the creditor.
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