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LSDefine

Simple English definitions for legal terms

remedy, mutuality of

Read a random definition: continuous-representation doctrine

A quick definition of remedy, mutuality of:

Remedy, Mutuality of: This means that both parties involved in a transaction have the right to seek a solution or remedy if something goes wrong. This is especially important when it comes to specific performance, which is when a court orders someone to fulfill their contractual obligations. In some cases, both parties must have the option of seeking a remedy before specific performance can be granted.

A more thorough explanation:

Definition: The mutuality of remedy refers to the availability of a remedy, particularly equitable relief, to both parties involved in a transaction. This is sometimes required before either party can be granted specific performance.

Examples: If a buyer and seller enter into a contract for the sale of a house, and the contract includes a provision that allows the buyer to back out of the deal if certain conditions are not met, then the seller must also have a remedy available if the buyer fails to fulfill their obligations. This could include the seller being able to seek specific performance of the contract, or other equitable relief.

Another example could be in a partnership agreement, where both partners have the right to seek remedies if the other partner breaches the agreement. This could include seeking specific performance of the agreement, or other equitable relief such as an injunction.

These examples illustrate the concept of mutuality of remedy, where both parties to a transaction have the right to seek a remedy if the other party fails to fulfill their obligations. This helps to ensure that both parties are protected and that the transaction is fair and equitable.

remedial law | réméré

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medicine is a scam
join the ethically ambiguous legal field instead
Dkk
18:57
I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.
19:05
i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
Dkk
19:18
Exactly. My version of that awful poem.
Dkk
19:19
I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
windyMagician
19:20
president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
windyMagician
19:23
I want to go running but my leg feels weird
windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
20:48
what.jpg @Dkk
CynicalOops
21:03
You think you just fell out of a coconut tree?
jackfrost11770
21:10
nope dk
CynicalOops
22:37
Calvinamala Harris
jackfrost11770
23:16
should i start using letterboxed again
Dkk
23:25
@jackfrost11770: if you want but like it aint for me
dk do u ever eat at bk
Dkk
23:48
@chickenburgahfart: I would do that in the Army if really desperate for food or if I had to work through lunch. One of the few fast food places I go to.
bk so slept on
Dkk
0:23
I will take In N Out everyday over it when I can though.
texaslawhopefully
1:22
In N Out is not only the best fast food place, but the prices too are fantastic
Dkk
1:27
Indeed, indeed.
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