Mutuality of Obligation

Also found in: Financial, Acronyms

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The legal principle that provides that unless both parties to a contract are bound to perform, neither party is bound.

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bilateral contract contracts mutuality Parol Evidence Rule			The public witness provided by that willing mutuality of obligation lies close to what St. Maundy Thursday: April 5, 2007 by Heider, George C. / Currents in Theology and Mission for example, the court rejected the defense argument that the plaintiff's continuing to work for the defendant after the arbitration policy went into effect proved mutuality of obligation. The menace of mandatory arbitration: Arbitration clauses require ... by Osborne, Tom / Trial Although Tyson wanted the case heard in arbitration rather than in open court, the Supreme Court said "an arbitration agreement in contracts they executed with appellees, who are hog farmers, lacks mutuality of obligation and, thus, is unenforceable. Tyson Foods a loser in two lawsuits by Bruegge, Laura / Arkansas Business			mutual company mutual concern mutual concession mutual consideration mutual dependence mutual exchange mutual forgiveness mutual friendliness Mutual Fund mutual intercourse Mutual Mistake mutual ownership mutual pledge mutual profit mutual promise mutual relation mutual relationship mutual respect mutual sympathy mutual transfer mutual understanding mutual undertaking mutual wills mutuality mutuality of interest Mutuality of Obligation mutually agreeable mutually agreed mutually assent mutually opposed mutually related mutually understood mutuari Mutuary mutuum mutuus muzzle My Lai Massacre My Son, Stop Your Ears myriad myriads mysterious mysteriousness mystery Mystery or mistery mystic mystical mysticism mystification mystified mystify			mutualising mutualism mutualism mutualism mutualism Mutualisms Mutualisms Mutualisms mutualist mutualist mutualist Mutualist Credit Guarantee Scheme Mutualista Israelita Del Uruguay mutualistic mutualistic mutualistic mutualistically mutualistically mutualistically Mutualists Mutualists Mutualists Mutualité Chrétienne Mutualité Fonction Publique Mutualité Sociale Agricole mutuality mutuality mutuality mutuality mutuality of interest Mutuality of Obligation mutuality of phases mutualization mutualization Mutualization of Risk mutualize mutualize mutualized mutualized Mutualized Access Point mutualizes mutualizes mutualizing mutualizing mutually mutually mutually mutually Mutually Adaptive Learning Paradigm mutually agreeable Mutually Agreeable Commercial Software mutually agreed Mutually Agreed Positions Mutually Agreed Terms Mutually Agreed Voluntary Lay-off Mutually Aided Cooperative Thrift Society mutually assent Mutually assured destruction Mutually assured destruction Mutually assured destruction Mutually Assured Economic Destruction

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