Examlex
What is data governance?
Contractual Obligations
Legal commitments derived from agreements that parties are required to fulfill.
Formal Commitment
Refers to a binding agreement or pledge to engage in or refrain from a specified action.
Implied Contract
A contract that arises not from words of agreement but from the conduct of the parties.
Express Contract
A contract in which all the terms are clearly set forth in either written or spoken words.
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