Define the Following:recording Sheet

question 46

Essay

Define the following:recording sheet

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Definitions:

Binding Agreement

A legally enforceable contract or agreement between two or more parties with clearly defined terms.

Arbitration Agreement

A contract in which parties agree to resolve disputes outside of court through arbitration.

Independent Contractor

A person or organization hired to execute tasks for or deliver services to another organization without being an employee.

Mediation Agreement

A legally binding contract arising from a mediation process, where parties agree to resolve their dispute through negotiated terms.