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The Official Code of Georgia Annotated or OCGA is the compendium of all laws in the state of Georgia. Like other state codes in the United States, its legal interpretation is subject to the U.S. Constitution , the U.S. Code , the Code of Federal Regulations , and the state's constitution .
In business and contract law, a forward-forward agreement (FFA) is a form of forward rate agreement in which party A agrees to lend party B the m 1 amount of money, at future time t 1. In return, B will pay to A a larger monetary amount m 2 at time t 2 > t 1. The name "forward-forward agreement" derives from the fact that both issuing and ...
The law of contracts varies from state to state; there is nationwide federal contract law in certain areas, such as contracts entered into pursuant to Federal Reclamation Law. The law governing transactions involving the sale of goods has become highly standardized nationwide through widespread adoption of the Uniform Commercial Code .
Continuing on the example above, suppose now that the initial price of Alice's house is $100,000 and that Bob enters into a forward contract to buy the house one year from today. But since Alice knows that she can immediately sell for $100,000 and place the proceeds in the bank, she wants to be compensated for the delayed sale.
In contract law, the lex loci contractus is the Law Latin term meaning "law of the place where the contract is made". [1] [2] It refers (in the context of conflict of laws) to resolving contractual disputes among parties of differing jurisdictions by using the law of the jurisdiction in which the contract was created.
Fletcher v. Peck, 10 U.S. (6 Cranch) 87 (1810), was a landmark United States Supreme Court decision in which the Supreme Court first ruled a state law unconstitutional. The decision created a growing precedent for the sanctity of legal contracts and hinted that Native Americans did not hold complete title to their own lands (an idea fully realized in Johnson v.
The state and national Democratic parties sued Monday to block two recent rules adopted by Georgia's State Election Board that could be used by county officials who want to refuse to certify an ...
The Constitution of Georgia is the foremost source of state law. Legislation is enacted by the Georgia General Assembly, published in the Georgia Laws, and codified in the Official Code of Georgia Annotated (O.C.G.A.). State agencies promulgate regulations (sometimes called administrative law) which are codified in the Rules and Regulations of ...