11:44
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Simple English definitions for legal terms
single obligation
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A quick definition of single obligation:
A single obligation is a legal term that refers to a single duty or responsibility that a person or entity is obligated to fulfill. It can be a promise or agreement to do something, such as paying a debt or fulfilling a contract. A single original is a legal document that is executed in a single copy, rather than in duplicate. In patent law, a single-paragraph form is a style of writing patent claims that uses a colon and semicolon to separate each element.
A more thorough explanation:
A single obligation refers to a legal responsibility or duty that is owed by one party to another. It is a singular obligation that is not divided or shared with anyone else.
For example, if you borrow money from a friend and agree to pay it back within a certain timeframe, that is a single obligation. You are solely responsible for repaying the loan to your friend.
Another example of a single obligation is a contract between two parties. If one party agrees to provide a service or product to the other party, they have a single obligation to fulfill that agreement.
Overall, a single obligation is a legal responsibility that is owed by one party to another and is not shared with anyone else.