19:12
My crypto also flows in 5 day epochs too.
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Simple English definitions for legal terms
act of the party
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A quick definition of act of the party:
An act is something that a person does on purpose or by accident. It can be a physical action, like moving your body, or a mental action, like thinking. Some acts are done by one person, like making a will, while others involve two or more people, like signing a contract. Some acts are legal, like creating a right or transferring property, while others are illegal, like causing harm to someone else. Overall, an act is something that has consequences and can affect other people.A more thorough explanation:
Definition: An act done voluntarily by a person that creates, transfers, or ends a legal right. It can be a bodily movement or an act of the mind, such as thinking.
Examples:
- Signing a contract
- Transferring ownership of property
- Renouncing a claim to a legal right
These examples illustrate how a person's voluntary action can have legal consequences. By signing a contract, a person is creating a legal obligation to fulfill the terms of the agreement. By transferring ownership of property, a person is ending their legal right to that property and giving it to someone else. By renouncing a claim to a legal right, a person is voluntarily giving up their ability to pursue that right in court.