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Legal instrument is a legal term of art that is used for any formally executed written document that can be formally attributed to its author, [1] records and formally expresses a legally enforceable act, process, [2] or contractual duty, obligation, or right, [3] and therefore evidences that act, process, or agreement. [4] [5] Examples include ...
A Ricardian contract places the defining elements of a legal agreement in a format that can be expressed and executed in software. [ 3 ] The method arises out of the work of Ian Grigg completed in the mid-1990s in contributions to Ricardo, [ 4 ] [ better source needed ] a system of assets transfers that was built in 1995-1996 by Systemics and ...
Contracts are widely used in commercial law, and for the most part form the legal foundation for transactions across the world. Common examples include contracts for the sale of services and goods, construction contracts, contracts of carriage, software licenses, employment contracts, insurance policies, sales or
The OpenID logo. OpenID is an open standard and decentralized authentication protocol promoted by the non-profit OpenID Foundation.It allows users to be authenticated by co-operating sites (known as relying parties, or RP) using a third-party identity provider (IDP) service, eliminating the need for webmasters to provide their own ad hoc login systems, and allowing users to log in to multiple ...
Contracts that cannot be performed within one year; For example, a two-year employment contract naturally cannot be performed within one year. In many states lifetime contracts are not considered to fall within the Statute of Frauds reasoning that life can end at any time, certainly within one year from the time of execution.
In common law, a foundation is sufficient preliminary evidence of the authenticity and relevance for the admission of material evidence in the form of exhibits or testimony of witnesses. Although the word "Foundation" does not appear in the Federal Rules of Evidence, scholars have argued that its existence is displayed, albeit implicitly, when ...
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A psychological contract, a concept developed in contemporary research by organizational scholar Denise Rousseau, [1] represents the mutual beliefs, perceptions, and informal obligations between an employer and an employee. It sets the dynamics for the relationship and defines the detailed practicality of the work to be done.
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