16:40
i have a 160 is it even WORTH IT
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Simple English definitions for legal terms
homologación
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A quick definition of homologación:
Homologación is a legal term that refers to the confirmation or approval of an action or agreement by a court or judge. It can also refer to the consent given by law when a party fails to complain about a decision within a certain period of time. Homologación is important because it makes agreements and decisions more enforceable.
A more thorough explanation:
Definition: Homologation is a legal term that refers to the confirmation or approval of an action or agreement by a court or judge. It can also refer to the consent that is assumed when a party fails to complain about a decision within a certain period of time.
Examples:
- If a court grants its approval to a settlement agreement between two parties, this is an example of homologation.
- In some cases, if a party does not complain about an arbitrator's decision within ten days, their consent is assumed through homologation.
- A judge may give their approval to certain acts or agreements to make them more enforceable, which is another example of homologation.
These examples illustrate how homologation is used in different legal contexts to confirm or approve actions or decisions. It is often used to make agreements or decisions more legally binding and enforceable.