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A legal relationship, jural relationship, or legal relation is a connection between two persons or other entities that is governed by law. [1] A legal relationship may exist, for example, between two individuals or between an individual and a government.
Term or phrase Literal translation Definition and use English pron accessio: something added Accession, i.e. mode of acquisition by creation in which labor and other goods are added to property in such a manner that the identity of the original property is not lost (vs. commixtio, specificatio)
By means of an explicit commencement date (and sometimes time of day) written into the act itself. It is possible for different sections of an act to come into force at different dates or times. As a result of a commencement order. Usually, an Act or part of an Act may only be brought into force by a commencement order if explicit provision is ...
In business, an MoU is typically a legally non-binding agreement between two (or more) parties, outlining terms and details of a mutual understanding or agreement, noting each party's requirements and responsibilities—but without establishing a formal, legally enforceable contract (though an MoU is often a first step towards the development of a formal contract).
The activities and intentions of the parties entering into a contract may be referred to as contracting. In the event of a breach of contract, the injured party may seek judicial remedies such as damages or equitable remedies such as specific performance or rescission. [2] A binding agreement between actors in international law is known as a ...
In contract law, a non-compete clause (often NCC), restrictive covenant, or covenant not to compete (CNC), is a clause under which one party (usually an employee) agrees not to enter into or start a similar profession or trade in competition against another party (usually the employer).
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A tenant and landlord may sign a letter of intent prior to signing a lease agreement to stipulate rental rates and all regulations of the future tenancy. [ citation needed ] In the solicitation of US government grants, a letter of intent is highly encouraged, but it is not required or binding, and does not enter into the review of a subsequent ...