Examlex
40. American jurists and
defined law in a functional sense as predictions of the way that a court will decide
Specific legal questions.
Judgment
A formal decision or order given by a court following a legal proceeding.
Partnership Profits
The earnings generated from a business operation that are shared among partners according to the terms of their partnership agreement.
Implied Authority
Authority that is not explicitly stated but is assumed to be granted due to the nature of a job or position.
Written Agreement
A document that outlines the terms and conditions agreed upon by parties, serving as a formal contract.
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