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LSDefine

Simple English definitions for legal terms

sealed contract

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A quick definition of sealed contract:

A sealed contract is an agreement between two or more parties that creates obligations that can be enforced by law. It can be a written document that serves as evidence of the agreement, but the term "contract" usually refers to the legal relations resulting from the agreement. In simpler terms, a sealed contract is a promise that must be kept, and if it is broken, there will be consequences.

A more thorough explanation:

A sealed contract is an agreement between two or more parties that creates enforceable obligations. It is called a "sealed" contract because it is signed and sealed by the parties involved. The seal is usually a wax or adhesive stamp that is affixed to the document to signify its authenticity.

For example, a company may enter into a sealed contract with a vendor to purchase goods or services. The contract would outline the terms of the agreement, such as the price, delivery date, and payment terms. Once both parties sign and seal the contract, it becomes legally binding.

Another example of a sealed contract is a real estate transaction. When a buyer and seller agree to the terms of a sale, they sign and seal a contract that outlines the details of the transaction, such as the purchase price, closing date, and any contingencies.

Sealed contracts are important because they provide a clear record of the agreement between the parties. If there is a dispute later on, the sealed contract can be used as evidence in court to prove the terms of the agreement.

sealed-container rule | sealed instrument

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im distracting myself by schizo-scrolling r/lawschoolamissions and every conceivable data point on this godforsaken website
it is not working
Haaa I naturally want to do that too. I’m trying to stop. They need a surgeon general’s warning on this site for perspective law students
i spend more time on here then anything else trying to rationalize that the waves from last year will match waves for this year (they won't) and that the stats of people with the same stats are indicative of my own (they aren't)
There aren't many people in my stat range so I pretty much know every result in my range after being on here for a few years
9:28
congrats on the 172 bruce
go dawgs fr
9:29
roll tide
do we foresee a fordham election day wave today (i'm delusional)
WorthlessAttractiveZombie
9:31
I think so, Jack
9:31
some people hate him. some people love him, but he a real one: https://youtu.be/w5oEqiVQcF4?t=173
9:32
[kevin oleary]
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
WorthlessAttractiveZombie
9:34
I mean if Fordham doesn't release today I will purposefully get on a train, go to new york, and then take the stinkiest shit inside the admission office's toilet (potentially clogging it and forcing them to get a plumber)
IS IT ONLY ON MY END WHY DID THAT SEND TEN MILLION TIMES
HELLO
WorthlessAttractiveZombie
9:35
it sent a million times lol
WHAT HAPPENED
yeah i thought you were tweaking for a second
i'm so sorry everyone what the actual fuck this website hates me
WorthlessAttractiveZombie
9:35
Jack's just tweaking on LSD no biggie
to be fair this accurately represents my mental state
election day psychosis coming in hot (fordham)
usc pls pull through .....
i literally just need one A so i can relax before my ED decision
WorthlessAttractiveZombie
9:38
oh that's right USC might release
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