Dictionary of Legal Terms
What does by Operation of Law mean?
A legal term referring to the rights and obligations that will apply as a result of applicable law. For example, if a person dies without a will, the heirs automatically inherit the property through the operation of law governing inheritance or intestate succession.
5 Things to Consider Before Signing a Non-Disclosure Agreement (NDA)
Non-disclosure agreements (NDAs) play an important role in facilitating strong business relationships and securing confidential business information.Oct. 7, 2019
Liquidated Damages in NDAs
A liquidated damages clause is a section of the NDA that establishes the monetary consequences when there's a breach of the agreement.Oct. 7, 2019
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