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Yes it is due to the 1968 business and information act.

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Q: Is a company bond legally binding?
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A guarantee that is legally binding to the company who issues it?

warranty


By using this company's software, have we entered into a legally binding contract?

Using a piece of software may or may not constitute entrance into a legally binding contract. You should carefully review the terms and conditions that accompanied the software.


Is a sealed bid legally binding?

Sealed or not, if the bid was offered and it was accepted, yes, it is legally binding.


Do arbitrators render legally binding decisions?

yes, If the parties involved agree that the decision made will be legally binding


Is mediation legally binding?

mediation can be binding if a representative is used if not then its not binding snzbeyueen


What makes a legal binding document?

A document is legally binding if it has been notarized by a licensed notary. It is also legally binding if it has been filed in court.


Are policies legally binding?

no they are not


what are Difference between a contract and an agreement?

a contract is LEGALLY BINDING, an agreement is not necessarily legally binding depending on the circumstances


What is meant by bond?

Bound together by a bond, binding.


What if your cousin tells you that his trucking company has resorted to arbitration with the truckers' union. what does this mean?

that a third party will impose a legally binding decision


Do you have to pay the finance company if the tow people sell your car?

Yes, the loan from your finance company is a legally binding contract between you and them. You are solely responsible for the fulfillment of that loan.


Can a 12 year old make a legally binding contract?

Yes, a 12 year old can form a legally binding contract.