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, records and formally expresses a legally enforceable act, process, or contractual duty, obligation, or right, and therefore evidences that act, process, or agreement. 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. Others, such as Australia, have re-interpreted sealing as a formally attested signature.
Read more about Legal Instrument: Electronic Legal Documents
Famous quotes containing the words legal and/or instrument:
“There are ... two minimum conditions necessary and sufficient for the existence of a legal system. On the one hand those rules of behavior which are valid according to the systems ultimate criteria of validity must be generally obeyed, and on the other hand, its rules of recognition specifying the criteria of legal validity and its rules of change and adjudication must be effectively accepted as common public standards of official behavior by its officials.”
—H.L.A. (Herbert Lionel Adolphus)
“Life is like playing a violin solo in public and learning the instrument as one goes on.”
—Samuel Butler (18351902)