Legal Instrument
A Legal Instrument is a legal jargon used in official written documents or any authenticated record of legal actions, agreements, obligations and processes that can be enforceable by law.
- Context:
- It is (often) a document that formalizes legal rights, obligations, or transactions.
- Example(s):
- Certificate,
- Bond,
- Contract,
- Will,
- Deed,
- Legislative Act,
- Notarial Act,
- Statute,
- ...
- Counter-Example(s):
- See: Legal Document, Statutory Law, Contract Law, Legislation, Legal Obligation, Legal Claim, Law Enforcement.
References
2024
- (GM-RKB ChatGPT, 2024) ⇒ Summarize the concept Legal Instrument in 1- 2 paragraphs, prompt.GM-RKB ChatGPT (model: gpt-4-1106-preview) Retrieved: 2024-01-07.
- QUOTE: A legal instrument is a formally executed written document that records and formalizes legal rights, privileges, agreements, obligations, or transactions. It is a legal document that proves or bears witness to a particular legal relationship or action carried out by parties involved. This could include a wide array of documentation such as contracts, wills, deeds, statutes, or court judgments. Legal instruments are used to establish enforceable contracts, transfer assets, create governmental functions, grant powers, and record decisions.
The effectiveness of a legal instrument typically depends on its proper execution, adherence to the format required by law, and the intention of the parties to create legal relations. The language used in these instruments must be explicit and clear to reflect the agreement or action unequivocally. Furthermore, to provide legal protection and evidentiary value, such documents often need to be signed, witnessed, notarized, recorded, or otherwise authenticated according to the applicable legal standards. Some legal instruments, once executed, may also need to be registered with governmental authorities or public offices to have full legal effect.
- QUOTE: A legal instrument is a formally executed written document that records and formalizes legal rights, privileges, agreements, obligations, or transactions. It is a legal document that proves or bears witness to a particular legal relationship or action carried out by parties involved. This could include a wide array of documentation such as contracts, wills, deeds, statutes, or court judgments. Legal instruments are used to establish enforceable contracts, transfer assets, create governmental functions, grant powers, and record decisions.
2016
- (Wikipedia, 2016) ⇒ http://en.wikipedia.org/wiki/Legal_instrument
- Legal instrument is a legal term of art that is used for any formally executed written document that can be formally attributed to its author,[1] records and formally expresses a legally enforceable act, process,[2] or contractual duty, obligation, or right, and therefore evidences that act, process, or agreement.[3][4] Examples include a certificate, deed, bond, contract, will, legislative act, notarial act, court writ or process, or any law passed by a competent legislative body in municipal (domestic) or international law. Many legal instruments were written under seal by affixing a wax or paper seal to the document in evidence of its legal execution and authenticity (which often removes the need for consideration in contract law); however, today many jurisdictions have done away with the requirement of documents being under seal in order to give them legal effect.
- ↑ "Law Glossary", The K-Zone, s.v. “instrument", retrieved on 19 May 2009: [1].
- ↑ Collaborative International Dictionary of English v.0.44, s.v. “instrument", retrieved on 19 May 2009: [2].
- ↑ BusinessDictionary.com, s.v. “instrument", retrieved 15 May 2009: [3].
- ↑ Barron's Law Dictionary, s.v. “instrument".