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In comparison with the old laws, the Contract Law enacted in 1999 has a wide scope of application.
Activity 1.3
Is the Contract Law applicable to the following circumstances?
- an agreement for marriage
- the county government promises to award $100,000 to a company as a gift if it agrees to pay business tax of $1 million
- an agreement to mortgage a property
- tender
- the state enters into an agreement for disposal of certain assets for public interest.
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