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Simple English definitions for legal terms

bilateral act

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A quick definition of bilateral act:

A bilateral act is when two or more people agree to do something together, like signing a contract or leasing a property. It's different from a unilateral act, where only one person's will is involved. An act is something that someone does, like speaking or writing. There are different types of acts, like intentional acts that are done on purpose, and negligent acts that create a risk of harm to others. A verbal act is when someone uses words to do something, like making a promise.

A more thorough explanation:

Definition: A bilateral act involves the consenting wills of two or more distinct parties. It can be a contract, a conveyance, a mortgage, or a lease.

Example: Two people agree to sell and buy a car. They sign a contract that outlines the terms of the sale, including the price, the condition of the car, and the date of the transfer of ownership. This is a bilateral act because it involves the consenting wills of both parties.

Explanation: A bilateral act is a legal term that refers to an agreement between two or more parties. It is a voluntary act that involves the wills of all parties. In the example given, the two parties agreed to sell and buy a car, and they signed a contract to make the agreement legally binding. Both parties had to agree to the terms of the contract, and their wills were involved in the act of signing the contract. This is why it is considered a bilateral act.

bilanciis deferendis | bilateral advance pricing agreement

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19:11
Nah, the fucked up thing about therapists is they try and make you think your parents are your enemy 99% of the time and really they should be telling you that your parents have almost no effect on the rest of your life. If they can get you to keep focusing on your parents they can keep making money.
19:12
Yeah, my life really does flow in about 5 years periods.
19:12
My crypto also flows in 5 day epochs too.
19:16
what do you do with your days as an unemployed crypto guy? do you play an instrument or something
19:47
please lawd
19:47
forgive me
19:47
its time to go back to tha old me
19:50
this is what i feel like when i get one single drill question right
19:50
when u get one wrong ;(
therapist slander detected
1a2b3c4d26z
20:37
Anyone got any polymarket locks
1a2b3c4d26z
20:37
Is anyone in here cool like fr cool
1a2b3c4d26z
20:37
Like watch college football cool
1a2b3c4d26z
20:37
Or like
1a2b3c4d26z
20:38
Frat
1a2b3c4d26z
20:39
Sorry guys I'm bored trying to get my Berkeley essay to 4 pages
20:40
no way they want four pages that’s crazy
20:41
bitches wanna be different sooo bad 😴
1a2b3c4d26z
20:42
Technically they want 3 to be completely fair to the powers that be, so I'm really trying to push out to 3
1a2b3c4d26z
20:42
But it's 1/2 inch margins
20:44
assuming it was 2 already, you’ve totally got 3 double spaced pages in you
20:45
should I watch the quirky umich dean videos? i feel like all of you have seen them except me but I can’t work up any enthusiasm for the idea
1a2b3c4d26z
20:54
I like Dean Z not sure why she gets slandered sometimes
1a2b3c4d26z
20:54
I would say yeah, they're helpful. But they can verge on unproductive and stress-inducing if you watch enough of them (especially the application read-through ones)
21:07
okay I’ll check them out
21:40
hey so where do i see my LSAC GPA bc i know they calculate it differently
21:40
sorry new to dis
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