Search results for keyword: courts
Third party liquidation
3rd-Party Indemnification
Indemnification is an important principle of law. It is a legal term which implies that one person (the “indemnitor”) is responsible to another person (the “indemnitee”) for any losses or damages suffered or incurred by the indemnitee as a result of the indemnitor’s......
1033 
Sophie
Proportional performance method
The ratable performance doctrine or rule of apportionment has a long history in contract law as an equitable approach to contractual performance. It applies when a contract has been breached, and the goal is to allocate the loss equitably between the parties. The doctrine is based on the premise t......
contract
Agencies Contract
This is a contract made between [Name] (“the Agent”) and [Name] (the “Principal”) where the Agent agrees to act as a representative of the Principal to conduct certain activities and tasks (the “Services”) on behalf of the Principal.
1. Agreement
1.1 The Agent hereby con......
independent subject
1 Introduction The doctrine of corporate personality is one of the foundational principles of modern corporate law. It grants a corporation the capacity to possess certain legal rights and responsibilities as if it were a person.The history of this concept dates back to the 19th century. Before the......
International Patent Technology Licensing Contract
International Patent Technology Licensing Agreement
This International Patent Technology Licensing Agreement (the “Agreement”) is made and entered into this ___ day of ____, 20___, by and between ___________, a ___________ company having its principal office located at ____________ (hereinafter......
Corporate
An Introduction to Corporate Personhood
The concept of “corporate personhood” is an important aspect of legal, economic and business practices around the world. Corporate personhood is the legal recognition of a corporation, or other business entity, as having rights and responsibilities that a......
Keirenkai
The internet is a powerful and remarkable tool, connecting people from all over the world. In today’s age of globalization, it is easier than ever to stay connected even if you are on the other side of the world. In fact, the Internet has revolutionized communication and made global communities n......
Business Judgment Rules
Business Judgment Rule: What It Is and How To Use It
The business judgment rule is a standard of review that courts often apply when evaluating decisions made by corporate decision-makers. The rule provides a shield of protection for these decision-makers, typically corporate directors and office......
Metcalfe's Law
Metcalfes Law
Metcalfes law is an economics principle which states that the value of a telecommunications network is proportional to the square of the number of connected users. It is named after Robert Metcalfe, the inventor of Ethernet technology, who first proposed the concept in 1980.
The la......
contract
This is an agreement, made effective on [date], between [Name], herein referred to as the “Contractor,” and [Name], herein referred to as the “Client.” This agreement will be in regards to [scope of work].
The Contractor has agreed to complete [scope of work] for the Client. The Client has ag......
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