PhysicalThing: legally binding agreement

Lexeme:	legally binding agreement Very Rare (0.01)
Definition:	noun. A legally binding agreement is a contract or a legally enforceable promise between two or more parties. It establishes the rights and obligations of the involved parties and can be enforced by a court if one party fails to fulfill their responsibilities as outlined in the agreement. In order for an agreement to be legally binding, it typically requires the following elements: offer and acceptance, consideration (usually in the form of something of value exchanged between the parties), intention to create legal relations, and the capacity of the parties involved to enter into a contract. GPT3.5 Word Forms: noun. legally binding agreement (singular), legally binding agreements (plural)
Synonyms:	(none)
Abstraction:	(hypernym) agreement (hypernym) event (hypernym) physical thing
Composition:	(none)
Properties:	(none)
Basic Categories:	information
Related Concepts:	(none)
Policy Examples:	When you access or use Indeed's online and/or mobile services, web sites, and software provided on or in connection with the services or web sites (collectively, the Website), (a) you represent that you have read and understand the Cookies Policy and Privacy Policy and (b) you conclude a legally binding agreement (Agreement) based on the Indeed Terms of Service with (1) Indeed Inc., 7501 N. Capital of Texas Hwy, Building B, Austin, TX 78731, USA if and when you are in the United States (Indeed Inc.), and (2) Indeed Ireland Operations Limited, First Floor, Block B, Riverside IV, Sir John Rogerson's Quay, Dublin 2, Ireland if otherwise (Indeed Ireland). #indeed
(Feedback)

Carnegie Mellon University | Privacy Policy