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Simple English definitions for legal terms

gentlemen's agreement

Read a random definition: negotiated market

A quick definition of gentlemen's agreement:

A gentlemen's agreement is a promise made between people without any written contract. It is based on trust and honesty between the parties involved. Even though it is not legally binding, it is still important to keep the agreement as it is based on the honor and integrity of those involved.

A more thorough explanation:

A gentlemen's agreement is an informal agreement between two parties that is not legally binding but is based on trust and honor. It is often used in business or politics as a way to avoid legal contracts or regulations.

  • Two companies agree not to compete with each other in a certain market.
  • A group of friends agree to split the cost of a vacation rental without signing a formal contract.
  • A politician promises to support a certain policy in exchange for support from another politician.

These examples illustrate how a gentlemen's agreement can be used in different contexts. In each case, the agreement is not legally binding, but relies on the trust and integrity of the parties involved. It is important to note that while a gentlemen's agreement may be effective in some situations, it can also be risky as there is no legal recourse if one party fails to uphold their end of the agreement.

Gentleman Usher of the Black Rod | gentrification

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kms
i think they want me to take the june one in this case
above their median for everything chat i'm ending it
I applied NYU on October 8th like r give up right?
16:46
wtf
16:47
i'd reach out to their admissions and check up on it
I did 2x and they said "The vast majority of candidates who have submitted their complete application by our deadline will be notified by the last day of April"
like kinda fucked
16:50
ugh that's so annoying
law schools that ghost should give you your money back
or reject
like man GIVE IT BACK!!!!
ClassyPleasantHeron
16:56
Schools explicitly asking applicants to retake the LSAT are TTTs pretending to be 2nd tier.
LMAOOO
like man oklahoma more like oklahowaboutyoueatmyshoe
me when that person on reddit said UofU wave and it's.... 3 people
help who just posted that right after I started bitching in chat
my heart fell straight into my ass mind u
and i just got a fucking app status tracker update... not for UofU... my BP is so spiked rn
QuarrelsomeTurkey
18:29
does anyone know if bu ever releases after 5 pm
Lol @jupitersmoons It feels like UofU is screwing with us haha
fr like I know it"s Mountain Time but bestie we have less than half an hour before typical EOD
what we doing
Real
19:17
new COAs are out
19:37
Anyone know how long it takes to get aid package after getting admitted to UChicago or Northwestern?
I’d ask in the t14 chat bc lol it may be a bit until you can get someone who can answer that question here
21:19
@syddak: Oof tough spot. Congrats on the As. Did either indicate either via email/mail that they would be following up with aid, and if so, did they provide a time frame? It may be acceptable to email them and indicate seat deposits are fast approaching and you are curious if you can expect further info (aid) from the school to aid u in ur decision..
0:26
@UnderRepresentedTryhard: that’s a greater than sign. Meaning outside t14
0:27
Schools>t14
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