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Results for "preinducement"

Preinducement

Definition: The term "pre-inducement" is a legal concept in the context of contract law, specifically where an offer made before another party has had time to make an offer or negotiate. This means that the offeror does not have the opportunity to make their own offer at a later date, and they are only able to accept or reject the offer based on pre-existing conditions. In other words, a pre-inducement is an offer where the offeror is unable to make an offer at a


preinducement