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Law
Of or pertaining to the system of rules which a particular country or community recognizes as regulating the actions of its members and which it may enforce by the imposition of penalties.
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Law > Contracts
failure of consideration
Law; Contracts
Failure of one party to receive value when entering into a contract is termed as failure of consideration.
coinsurance
Law; Contracts
Insurance under which the insurer and insured jointly bear the responsibility is called coinsurance in legal terminology.
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