All contracting parties must enforce a contract for the contract to be legally enforceable , as a legal principle.
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MUTUALITY OF CONTRACT
The requirement that all rules must apply to all parties to a contract for the contract to be enforceable . Otherwise, the contract must be rejected by all parties. No […]
MUTUALITY OF ESTOPPEL
the term applied to an agreement where the parties are not bound unless both parties are bound.
MUTUALITY OF REMEDY
a term used for the remedy that is available to both parties.
MUTUALIZATION
Retiring the purchased stock of an insurer. Converting a stock insurer to a mutual insurer is done this way.
MUTUALLY EXCLUSIVE
Logically condition where only one choice can be made, thereby excluding all other choices.
MUTUANT
The person who lends chattels in the contract of mutuum, (q. v.)
MUTUARI
To borrow; mutuatus, a borrowing. 2 Arch. Pr. 25.
MUTUARY
A person who borrows personal chattels to be consumed by him and returned to the lender in kind and quantity ; the borrower in a contract of mutuum.
MUTUS ET SURDUS
Lat. In civil and old English law. Dumb and deaf. MUTUUM 801 MYSTIC TESTAMENT
MUTUUM
Eat. In the law of bailments. A loan for consumption ; a loan of chattels, upon an agreement that the borrower may consume them, returning to the lender an equivalent […]
MXJNUS
Lat. A gift; an office; a benefice or feud. A gladiatorial show or spectacle. Calvin.; Du Cange.
MYERS-BRIGGS PERSONALITY TYPE INDICATOR
Classifying personalities into four categories by personality typing. This test uses independent orthogonal types or scales: (1) Extroversion (E) vs. Introversion (I), (2) Sensing (S) vs. intuition (N), (3) Thinking […]
MYNSTER-HAM
Monastic habitation; perhaps the part of a monastery set apart for purposes of hospitality, or as a sanctuary for criminals. Anc. Inst. Eng. BL.LAW DTCT.(2D ED.)
MYSTERIOUS DISAPPEARANCE
Unexplainable loss of assets in an event beyond occurrences like a robbery. This term gives broader coverage than specific everyday perils like robbery.
MYSTERY
A trade, art, or occupation . 2 Inst 008. Masters frequently bind them- selves in the indentures with their apprentices to teach them their art, trade, and mystery. State v. […]
MYSTERY SHOPPER
Posing as a casual shopper, gathering information on the stores’ display, prices, and sales staff quality, this specific type of person is hired by a market research firm or a […]
MYSTIC TESTAMENT
In the law of Louisiana, a closed or sealed will, required by statute to be executed in a particular manner and to be signed (on the outside of the paper […]