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Psychological contract formation is a process whereby the employer and the employee or prospective employee develop and refine their mental maps of one another. According to the outline of phases of psychological contract formation, the contracting process begins before the employment itself and develops throughout the course of employment.
The definition and determination of maturity has been applied to the issue of criminal responsibility of juvenile offenders and to a number of legal ages. The age of majority , the most broadly applied legal threshold of adulthood, is typically characterized by recognition of control over oneself and one's actions and decisions.
Undue influence (UI) is a psychological process by which a person's free will and judgement is supplanted by that of another. [1] [2] It is a legal term and the strict definition varies by jurisdiction.
A common area where executory contracts are found is US bankruptcy law, where obligations exist for both parties to a contract at the time of a bankruptcy petition.In cases such as this, both the debtor, or the side that is filing for bankruptcy, and counterparty, or the side contracting with the debtor, may have to make further performance.
The parties have completely agreed to the terms, but have made the execution of some terms in the contract conditional on the creation of a formal contract; or It is merely an agreement to agree lacking the requisite intention to create legal relations, and the deal will only be binding unless and until the formalized contract has been drawn up.
English contract law is the body of law that regulates legally binding agreements in England and Wales.With its roots in the lex mercatoria and the activism of the judiciary during the Industrial Revolution, it shares a heritage with countries across the Commonwealth (such as Australia, Canada, India [1]), from membership in the European Union, continuing membership in Unidroit, and to a ...
President Trump ordered the Secret Service on Friday to provide him “every bit of information” about his two would-be assassins. “I’m entitled to know,” he told The Post. “I want to ...
Specific performance is an equitable remedy in the law of contract, in which a court issues an order requiring a party to perform a specific act, such as to complete performance of a contract. [1] It is typically available in the sale of land law, but otherwise is not generally available if damages are an appropriate alternative.