Easy
A feeling or actions done or experienced by two or more parties.
What is mutual?
A system of morals or set rules of conduct that guide an individual or a group in deciding what is right and wrong.
What are Ethics?
The party making the offer in a contract.
What is an Offeror?
The act of delaying or refraining from enforcing a legal right, obligation, or debt. Particularly in finance context like loans.
What is Forbearance?
The person being offered to.
Allows a court to enforce a promise even without consideration if the person to whom the promise was made (the promisee) reasonably relied on it to their detriment.
What is a Promissory Estoppel?
To study something carefully to understand the nature and structure of it.
What is analyze/analysis?
A legally binding agreement between two parties that creates mutual obligations enforced by law.
What is a Contract?
Goods and services necessary for survival.
What is (a) necessity?
An agreement that is null and has no legal standing from the very beginning.
What is Void?