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A legally binding contract is defined as an exchange of promises or an agreement between parties that the law will enforce, and there is an underlying presumption for commercial agreements that parties intend to be legally bound (Contracts 2007). In order to be a legally binding contract, most contracts must contain two elements:
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 .
Thus, the court found that "the annotations in the OCGA, while not having the force of law, are part and parcel of the law. They are so enmeshed with Georgia's law as to be inextricable... They are therefore uncopyrightable". [13] The state assembly of Georgia appealed this decision to the United States Supreme Court.
The Four Corners Rule is a legal doctrine that courts use to determine the meaning of a written instrument such as a contract, will, or deed as represented solely by its textual content. The doctrine states that where there is an ambiguity of terms, the Court must rely on the written instrument solely and cannot consider extraneous evidence.
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 ...
A former Democratic congressman running for Georgia State Supreme Court filed a federal lawsuit Monday claiming a state agency is unconstitutionally trying to block him from talking about abortion.
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 ...
In a unanimous decision, the Georgia Supreme Court has rejected an appeal by the Georgia Republican Party to reinstate seven last-minute rules passed by Georgia’s State Election Board ahead of ...