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What is a nonprofit organization that has assumed the responsibility for Internet Protocol (IP) address space allocation, protocol parameter assignment, domain name system management, and root server system management functions previously performed under U.S. government contract?
Genuine Contracts
Contracts that are legally binding and enforceable, characterized by mutual assent, consideration, capacity, and legality.
Implied in Fact Contracts
Contracts arising from the conduct of the parties, indicating a mutual intention to contract, without explicit verbal agreement.
Quasi Contract
An obligation imposed by law to prevent unjust enrichment, even though no actual agreement exists between the parties involved.
Obligation Imposed
A duty or responsibility enforced by law, regulation, or agreement.
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