Examlex
Theoretical capacity refers to:
Equal Dignity Rule
A legal principle requiring that agents’ actions and contracts signed on behalf of a principal must be in writing if the principal's contract is also required to be in writing.
Statute of Frauds
A legal principle requiring certain types of contracts to be in writing and signed by the party to be charged, in order to be enforceable.
Agent Negotiation
The process by which a representative or agent acts on behalf of another party in negotiating terms or deals.
Partial Performance
In contract law, the situation where only a part of the agreed work or service has been completed, often leading to legal or contractual issues.
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