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Signing a promissory note does not mean that there is no potential for legal action. A promissory note is a legal document that outlines a borrower's promise to pay back a loan, and if the borrower defaults, the lender can take legal action to enforce the terms of the note. Thus, while the note serves as a binding agreement, it does not preclude litigation in the event of non-compliance.
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What does it mean to take legal action?
Legal action mean to initiate legal proceeding against the person who is liable for the act due to which you have suffered.
What does it mean to take action?
Legal action mean to initiate legal proceeding against the person who is liable for the act due to which you have suffered.
What does signing in ink mean and why is it important in legal documents?
Signing in ink means physically signing a document with a pen. It is important in legal documents because it provides evidence that the person agreed to the terms outlined in the document. Ink signatures are considered more formal and binding compared to electronic signatures, making them crucial for legal validity and enforceability.
What does legend mean when a bank request on a promissory note?
Legend mean brief description Of anything
How do you use coerce in a sentence?
To coerce someone is to force them to do something against their will. It could also mean to persuade someone, though it used less commonly in this form. Eg. The blackmailer coerced the unfaithful husband into paying a bribe.
What does martin Luther king mean when he says insofar as her citizens of color are concerned?
America has defaulted on this promissory note quoted by Dr Martin l King what promissory note is he talking about?
What does need obligate mean?
An obligation is a requirement to take some course of action, whether LEGAL OR MORAL
What does capacity of person signing mean?
The capacity of a person signing refers to their legal authority or ability to sign a document on behalf of themselves or someone else. It ensures that the signature is valid and that the signatory has the authority to act on behalf of the entity they are representing.
What does legal mean in portugese?
"Legal", in Brazilian portuguese may be a slang. ( Que legal ! ) meaning "How cool is it !" As a primary definition it is a term that means an action which is allowed by the local laws.
What does it mean when an action is consensual?
If an action is said to be consensual, it implies that each involved party is agreeing to take part in the act. The word is commonly used as a legal term.
What does mean sales agreed?
it means: sale agreed subject to contract - as in the sale of a property where the sale has been verbally agreed and simply awaits the formal signing and exchange of the legal contracts
What does signing letter xxxxoooo mean?
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