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In law, an agreement in principle is a stepping stone to a contract. Such agreements with regard to the principle are usually considered fair and equitable. Even if not all details are known, an agreement in principle may, for example, outline a schedule of royalties. [1]
In commercial law, a principal is a person, legal or natural, who authorizes an agent to act to create one or more legal relationships with a third party.This branch of law is called agency and relies on the common law proposition qui facit per alium, facit per se (from Latin: "he who acts through another, acts personally").
Figure 1. This BLM map depicts the principal meridians and baselines used for surveying states (colored) in the PLSS.. The following are the principal and guide meridians and base lines of the United States, with the year established and a brief summary of what areas' land surveys are based on each.
In English contract law, an agreement establishes the first stage in the existence of a contract. The three main elements of contractual formation are whether there is (1) offer and acceptance (agreement) (2) consideration (3) an intention to be legally bound .
The term principal case refers to a legal case that is deemed basic to understanding a legal principle. As a result, it may also refer to the case in a casebook that introduces a discussion of that principle.
daily regimen) (darker than [comparative]) (DC, direct current) (de rigueur) death knell (deciding how) (deep-seated) (kelvins) (depending on) (depending on whom you)
According to paragraph 1.01: "Agency is the fiduciary relationship that arises when one person (a 'principal') manifests assent to another person (an 'agent') that the agent shall act on the principal's behalf and subject to the principal's control, and the agent manifests or otherwise consents so to act." [citation needed]
Principal (academia), the chief executive of a university Principal (education), the head of a school; Principal (civil service) or principal officer, the senior management level in the UK Civil Service; Principal dancer, the top rank in ballet; Principal (music), the top rank in an orchestra