A settlement of accounts is therefore a contract. When car accidents come off, both parties generally sign a transaction agreement outlining precisely what they have agreed to. At least a transaction contract recites the amount of money one pays to the other, and the legal rights that the party to be paid gets give […]

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In his 1974 lecture with the Nobel Peace Prize laureate, Eisaku Sata explicitly mentioned the basic relations treaty between Japan and South Korea. He stressed that the essential aspects of the expanded negotiations that highlighted the bilateral agreement were “the central idea of equality and mutual benefit and the realistic approach to friendship with […]

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