Mutual Assent: A meeting of the minds; agreement. The Legal Dictionary has taken steps to ensure that all legal, law, and court terms contained in our legal dictionary are correct.
Mutual assent - A meeting of the minds; agreement. For legal advise regarding Mutual assent, you can contact our legal staff via phone (800) 341-2684 or email myweblawyer@aol.com .
Mutual Any valid contracts made has to have consideration which is mutual. It is reciprocal right or agreement between the parties to something. For instance, a marriage between a man and woman is mutual if they want to marry each other.
Mutual funds: feature permitting fundholders to use an earlier date on a promise to invest a specified sum over a specified period in exchange for a reduced sales charge.
Mutual assent - A meeting of the minds; agreement. - N - National Labor Relations Board. (NLRB) - A federal agency which prevents and remedies unfair labor practices by employers and labor organizations ...
Mutuality - A meeting of the minds of contracting parties regarding the material terms of the agreement. Return to top N ...
Mutuality Definition - Noun : the quality or state of being mutual: as a : the quality of a contract under which both parties are bound by obligations ...
Mutual agreement - (see main article offer and acceptance): There must be an express or implied agreement.
Mutual consent. Aid and Abet: To actively, knowingly or intentionally assist another person in the commission or attempted commission of a crime. See also "accessory after the fact." ...
In a Mutual Insurance Company, it has been held, that a person may become a member by insuring his property, paying the premium and deposit-money, and rendering himself liable to be assessed according to the rules of the corporation. In Evidence.
Agreement: Mutual assent between two or more parties; normally leads to a contract; may be verbal or written. Alienation of Affection: The defendant diminishes the martial relationship between the plaintiffs and the latter's spouse.
reciprocity n. mutual exchange of privileges between states, nations, busines... reckless adj. in both negligence and criminal cases, careless to the point...
agreement A mutual arrangement or understanding among two or more parties that, if legally enforceable, is equivalent to a contract. aka (a/k/a) Also known as.
RECIPROCITY. Mutuality; state, quality or character of that which is reciprocal.
Expanded Legal Definition of Law MerchantLaw of Nations The body of rules that nations in the international community universally abide by, or accede to, out of a sense of legal obligation and mutual concern.
Mediation A quasi-judicial process by which the parties meet to seek a mutually agreeable result to their dispute. If the parties agree, the mediator will prepare a mediation agreement for the parties to sign.
plea bargaining - The process whereby the accused and the prosecutor in a criminal case work out a mutually satisfactory disposition of the case subject to court approval.
FRANKPLEDGE (Lat. francum plegium), an early English institution, consisting (as defined by Stubbs) of an association for mutual security whose members, according to Hallam, "were perpetual bail for each other.
In earliest times, the payment was made as a result of a mutual agreement between the parties, but later it was imposed by law. In many societies the amount paid varied according to the rank of the person injured or slain.
Law Terms nonprofit corporation is A legal structure authorized by state law allowing people to come together to either benefit members of an organization (a club, or mutual benefit society) or for some public purpose (such as a hospital, ...
Compromise - An adjustment or arrangement by mutual consent, for settlement of an account or dispute.
"Husband and wife" describes persons connected by the marriage tie, and the relation signifies those mutual rights and obligations which flow from the marriage contract. 5 Barb. 118 (1849).
The process through which an accused person and a prosecutor negotiate a mutually satisfactory disposition of a case. Usually it is a legal transaction in which a defendant pleads guilty in exchange for some form of leniency.
Plea Bargaining or Plea Negotiating: The process through which an accused person and a prosecutor negotiate a mutually satisfactory disposition of a case.
Contra: The setting off of mutual debt. For example, if a company owes $100 to another company that is owed $30 by that company in turn, the company is allowed to set off the $30 against the $100 and make a net payment of $70.
plea bargaining - A process whereby the prosecutor and defense attorney negotiate a mutually satisfactory disposition of the case. The court and the defendant must approve of any settlements.
Confidentiality Agreement Mutual Confidentiality Agreement Employers Pack (employment law, health & safety and hr in one pack) Business Pack (complete set of business documents) ...
Amicable Friendly; mutually agreed to, as a settlement. Appraisal A valuation of property by a disinterested party who is qualified to do so (appraiser).
Term: Amicable Definition: Friendly; mutually agreed to, as a settlement. Term: Appraisal Definition: A valuation of property by a disinterested party who is qualified to do so (appraiser).
Alternative Dispute Resolution - working with a mediator who helps two parties in dispute resolve their differences mutually, or with an arbitrator who listens to the parties and makes a non-binding decision.
A shared psychotic disorder between 2 people, usually people who are mutually dependent upon each other, or when a person is in constant attendance on a person of unsound mind Force majeure ...
Alliance A military treaty between two or more states, providing for a mutually-planned offensive, or for assistance in the case of attack on any member. Back To Top ...
separation: in matrimonial law, a cessation of cohabitation of husband and wife by mutual agreement, or in the case of "judicial separation," under the decree of a court ...
Mediation: A dispute resolution process in which an impartial third party assists the parties to voluntarily reach a mutually acceptable settlement. Minor: A person under age 18, the age of legal majority.
NATIONS. Nations or states are independent bodies politic; societies of men united together for the purpose of promoting their mutual safety and advantage by the... more ...
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The Court emphasized the unequal bargaining power of the parties and the lack of mutual assent that are common in contracts of adhesion: 'Such standardized contracts have been described as those in which one predominant party will dictate its law to ...
There must be certainty, consideration (see ‘consideration) and a mutual intention that the agreement should have legal effect. Generally a contract does not have to be in any particular form, an oral agreement may be binding. Conveyancing ...
ContractAn oral or written agreement between parties in which the parties make mutual promises to each other. The parties must be at least 18 years of age, and be mentally capable of entering into such an agreement.
See also: Law, Person, Will, Term, State
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