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The degree of relationship between contracting parties refers to the nature and closeness of their connection, which can influence the terms and enforcement of a contract. This relationship can range from formal and transactional to personal and familial. For instance, parties with a close personal relationship may have different expectations regarding trust and obligations compared to those who are merely business associates. Understanding this degree can help in assessing potential biases, risks, and the overall dynamics of the contractual agreement.

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