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Which of the following is a contractual party who agrees to receive something from the other party?

_______ involves a promise to buy or sell that the courts will require the parties to obey.

A condition is a particular event that must occur in order for a party’s duty to arise.

A definite-term lease is also known as a[n] ________.

Which statement is true regarding the type of law that is relevant to bankruptcy claims?

An offer of performance is known as ______ when parties offer to perform and are ready, willing, and able to perform.

A mistake that is shared by both parties to an agreement is a[n] ________ mistake.

What is absent when a mistake of fact occurs?

The terms that would allow a court to determine what the damages would be in the event that one of the parties breaches the contract, are the ____ terms of a contract.

What is the term for giving a loan at an interest rate that exceeds the legal maximum?