March 19, 2018
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A mutual agreement between two or more people to do or not to do certain things. A written agreement that can be enforced by law.
Related Articles:
- Glossary: ACCEPTANCEThe voluntary act of receiving something or agreeing to certain terms.
- Glossary: ACCOUNT
- THE UCC CONNECTION
- Glossary: BENEFICIAL INTERESTProfit, benefit, or advantage resulting from a contract, or the ownership of an estate as distinct from the legal ownership or control.
- Glossary: CHOSE IN ACTION
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