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The World Law Dictionary Project

English may be the common language of the world, but the Common Law is not the common law of the world

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e.g. principle, consideration, jurisdiction
# a b c d e f g h i j k l m n o p q r s t u v w x y z

binding authority noun


the power given to an insurance broker (=a person who sells insurance policies) allowing them to provide insurance cover to a person without first sending details of the risk involved to the insurance company for approval
The agreement must set forth the terms, conditions and limitations governing the broker's exercise of binding authority.

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jurisdiction consideration principal

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