shaquilleoatmeal
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Simple English definitions for legal terms
Read a random definition: intragovernmental
Term: pars contractus
Definition: Pars contractus is a Latin term that refers to a part of a contract. When two people agree to a verbal contract, it becomes binding immediately, and neither party can back out of the agreement. However, if they agree to put the contract in writing, that agreement becomes part of the contract, and the contract is not binding until the writing is signed by both parties.