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"A lawyer will make sure the contract is binding, and will protect you from doing things that could get you into trouble down the road," Professor Schill said.
Contrary to the audit — which determined that Hunter's contract was not properly approved and thus unenforceable — Ashley contended that the contract is binding under Delaware law, where the union is incorporated, setting the stage for a possible legal battle.
While a futures market contract is binding and obligatory for buyers and sellers, a futures option provides the right but not the obligation to buy or sell the underlying futures contract at a specified price and time.
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Paulson's remarks state the opposite, contending that the "clear conclusion" of the Fed's lawyers was that it was not legally reasonable for BofA to pull out, and that the merger contract was binding.
The holdouts seem determined to make A.I.G. pay the full contractual amounts, knowing they can make a reasonably good case under law, because A.I.G.'s own lawyers have previously issued an opinion that the contracts are binding.
Cell phone bills are expensive, and carrier contracts are binding.
The AfD filed a formal complaint, saying the contract was binding and a €6,000 £4,7000) deposit had been paid.
The terms of the contract are binding on all employees in the bargaining unit whether or not they join the union.
It is true that it would be inaccurate to say that the owner repudiated the contract in toto, for the letter that we have quoted assumed that the contract was binding and referred to it as fixing the liability incurred.
The contract was binding for the same number of years that the bursary was awarded.
Fox asked the court to rule that the contract was binding, but Waltenberg's attorneys fought that request.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com