Binding transaction

Binding transaction
عملية ملزمة

English-Arabic economic glossary.

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  • CONTRACT — (Heb. חוֹזֶה, ḥozeh), in general law theory a legally binding agreement between two or more parties, in terms of which one party undertakes for the benefit of the other to perform or refrain from a certain act. As such, contract is the main… …   Encyclopedia of Judaism

  • MINHAG — (Heb. מִנְהָג; custom, usage ) from the verb to lead. DEFINITION The word is found in the Bible (II Kings 9:2) meaning the driving (of a chariot) but it was taken by the rabbis to refer to usage. As such, it is used in a wide variety of senses.… …   Encyclopedia of Judaism

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  • property law — Introduction       principles, policies, and rules by which disputes over property are to be resolved and by which property transactions may be structured. What distinguishes property law from other kinds of law is that property law deals with… …   Universalium

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  • MISTAKE — A legal transaction requires that the making up of the mind (or the conclusive intention of the parties to close the bargain – gemirat ha da at) be demonstrated (see acquisition , Modes of). When it is apparent that one of the parties lacked such …   Encyclopedia of Judaism

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