Texas Promulgated Contracts questions with 100% Correct Answers | Updated 2025 | Guaranteed A+
addenda - additions to a completed contract that specify supplementary information to the contract amendment - change or modification to an already agreed-upon contract bilateral contract - a contract wherein both parties are obligated to perform in an exchange of promises buyer rebate - anything during a transaction that causes money to go back to the buyer, either at or after closing, without the knowledge of the lender casualty loss - a sudden, unexpected event like a fire, flood, storm, earthquake that causes damage to a property consideration - something of value exchanged by the parties as evidence of agreement to the terms of a contract contract - a legally enforceable and binding agreement between parties wherein a promise to do or not do something is given in exchange for valuable consideration
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