Examlex
When it comes to outsourcing and transborder data flow to companies in the United States,what steps should Canadian businesses take,and are these steps sufficient to ensure protection of personal information?
Legally Valid
Meeting all required legal formalities and conditions, thereby enforceable in a court of law.
Unilateral Agreement
A contract where only one party makes a promise to perform without receiving a reciprocal promise from the other party.
Bilateral Agreement
A bilateral agreement is a legally binding contract between two parties, countries, or entities where each agrees to fulfill certain obligations to the benefit of the other.
Express Agreement
A legal contract in which all terms are explicitly stated and agreed upon by all parties involved.
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