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LSDefine

Simple English definitions for legal terms

articles of agreement

Read a random definition: postliminium

A quick definition of articles of agreement:

Articles of agreement are a written document that records the things that people agreed on when they started a business together or transferred property. It's different from a contract because it usually only lists the things that were agreed on, without any promises to do anything specific. For example, it might say that the parties agree that it's not possible to deliver something within ten days. Articles of agreement can be short or long, and they're often used to add more details to a contract.

A more thorough explanation:

Definition: Articles of agreement refer to a written document that records the agreements made between parties when forming a partnership, business, or transferring real property. Unlike a contract, articles of agreement usually contain only agreements and not express promises of performance. For example, "the parties agree that it is not possible to guarantee delivery within ten days." Articles of agreement often supplement a contract and can be either informal or detailed.

Example: When two people decide to start a business together, they may create articles of agreement that outline their roles and responsibilities, how profits and losses will be shared, and how decisions will be made. These articles of agreement will serve as a guide for the partners and help prevent misunderstandings or disputes in the future.

Explanation: This example illustrates how articles of agreement can be used to record the agreements made between parties when forming a partnership or business. The articles of agreement will outline the terms of the partnership, including each partner's responsibilities and how profits and losses will be shared. This helps ensure that both parties are on the same page and can prevent disagreements or misunderstandings in the future.

articled clerk | articles of amendment

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General chat about the legal profession.
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medicine is a scam
join the ethically ambiguous legal field instead
Dkk
18:57
I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.
19:05
i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
Dkk
19:18
Exactly. My version of that awful poem.
Dkk
19:19
I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
windyMagician
19:20
president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
windyMagician
19:23
I want to go running but my leg feels weird
windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
20:48
what.jpg @Dkk
CynicalOops
21:03
You think you just fell out of a coconut tree?
jackfrost11770
21:10
nope dk
CynicalOops
22:37
Calvinamala Harris
jackfrost11770
23:16
should i start using letterboxed again
Dkk
23:25
@jackfrost11770: if you want but like it aint for me
dk do u ever eat at bk
Dkk
23:48
@chickenburgahfart: I would do that in the Army if really desperate for food or if I had to work through lunch. One of the few fast food places I go to.
bk so slept on
Dkk
0:23
I will take In N Out everyday over it when I can though.
texaslawhopefully
1:22
In N Out is not only the best fast food place, but the prices too are fantastic
Dkk
1:27
Indeed, indeed.
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