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∙ 11y agoAbriation :)
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∙ 11y agoWiki User
∙ 6y agoArbitration :)
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∙ 8y agoArbitration
yes, If the parties involved agree that the decision made will be legally binding
Bind or binding means to impose one or more legal duties on a person or institution. For example, the parties are bound by the terms of the contract; the courts are bound by precedents. The words to bind or binding are also used to signify that a thing is subject to an obligation, engagement or liability; to indenture; to legally obligate to serve. See below link:
that a third party will impose a legally binding decision
Sealed or not, if the bid was offered and it was accepted, yes, it is legally binding.
mediation can be binding if a representative is used if not then its not binding snzbeyueen
A document is legally binding if it has been notarized by a licensed notary. It is also legally binding if it has been filed in court.
no they are not
a contract is LEGALLY BINDING, an agreement is not necessarily legally binding depending on the circumstances
A settlement memorandum is a summary of terms agreed upon in a settlement negotiation. A settlement agreement is a legally binding document that outlines the terms of a settlement between parties. A settlement release is a document that releases one or both parties from further liability related to the dispute that is being settled.
Yes, a 12 year old can form a legally binding contract.
A contract is a legally binding agreement between two or more parties.
The Latin phrase for legally binding contract is "pacta sunt servanda".