Simple English definitions for legal terms
Read a random definition: going concern
Term: MUTUAL DEMANDS
Definition: Mutual demands refer to when two parties have opposing demands at the same time. For example, in a lawsuit, one party may make a claim while the other party makes a counterclaim. These opposing demands are considered mutual demands.
Definition: Mutual demands refer to countering demands between two parties at the same time.
Example: In a lawsuit, a plaintiff may make a claim against the defendant, while the defendant may counterclaim against the plaintiff. These claims and counterclaims are considered mutual demands.
Explanation: Mutual demands occur when two parties have opposing claims or demands at the same time. In the example provided, the plaintiff and defendant both have demands against each other, which creates a situation of mutual demands. This term is often used in legal contexts, but can also apply to other situations where two parties have opposing demands.