answersLogoWhite

0


Best Answer

If there were such a LAW, it would have been passed by the legislature and codified in the state's statute laws. An AGREEMENT, would be a legal document between two individuals and agreed to, on paper, by both parties.

User Avatar

Wiki User

14y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is the difference of trust receipt law and trust receipt agreement?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

How put real estate into a trust?

You either have a lawyer draw one up and then you deed the property to the trustee, or you can hire an "institutional" trustee like an investment bank, sign their form of agreement, and deed the property to them as trustee. Either way you need an acceptable trust agreement that is valid under your state laws. Trust law is one of the most complex areas of law. A trust should be drafted by an attorney who specializes in trust and tax law so the trust meets both the needs of the trustor and the requirements of the law. An improperly drafted trust can be costly to correct down the road, if it can be corrected at all.


What is the difference between a tort and a trust?

Tort is a common law concept in which a person committing the tort may have to pay a fan or compensation while trust is a equitable creation and never recognised by law


Can you get out of a copyright law agreement?

Only if the courts allows you to and that the law agreement isnt a false/fake agreement.


What is Gentlemen's agreement?

A gentlemen's agreement is an informal, non-legally binding agreement between two parties based on trust, honor, and mutual understanding. It is often used in business or diplomacy when a formal contract is not deemed necessary or practical. However, due to its informal nature, a gentlemen's agreement may not always be enforceable in a court of law.


Is a trust a corporation?

I'm surprised there is nothing clear on the web already about this but Black's Law Dictionary's (5th Ed) several page definition of "corporation" does not contain the word "trust" so I would think a trust cannot be considered a corporation. I'm curious since an American franchises frachise agreement containes the words "if the corporation is a trust....", which I think is erroneous, based on lack of web clarity and Black's Law dictionary.


How do you set up a trust for a minor?

Trust law is an extremely complicated area of law. A valid trust should be drafted by an attorney who specializes in trust law since an improperly drawn trust can be extremely costly to correct and may result in loss of trust assets, unexpected taxes and vulnerability to creditors.Trust law is an extremely complicated area of law. A valid trust should be drafted by an attorney who specializes in trust law since an improperly drawn trust can be extremely costly to correct and may result in loss of trust assets, unexpected taxes and vulnerability to creditors.Trust law is an extremely complicated area of law. A valid trust should be drafted by an attorney who specializes in trust law since an improperly drawn trust can be extremely costly to correct and may result in loss of trust assets, unexpected taxes and vulnerability to creditors.Trust law is an extremely complicated area of law. A valid trust should be drafted by an attorney who specializes in trust law since an improperly drawn trust can be extremely costly to correct and may result in loss of trust assets, unexpected taxes and vulnerability to creditors.


What is void agreement?

section2(g) provides, "an agreement not enforceable by law is said to be void" the void agreement does not create legal relations between parties and is void ab-initio(from the beginning).


What made monopolies and trust illegal?

Anti-Trust Law and Competition Law. Specifically the Sherman Anti-Trust Act.


What is the gentleman agreement?

A gentleman's agreement is an agreement which is made on each person's word of honor. It is not a legal agreement, but a verbal agreement which can be enforceable in a court of law.


What is Gentleman Agreement?

A gentleman's agreement is an agreement which is made on each person's word of honor. It is not a legal agreement, but a verbal agreement which can be enforceable in a court of law.


Where can you print out a fake money order receipt?

There is no place available to print out a fake money order receipt. This action is strictly prohibited and punishable by the law.


How do you put automobiles into living trust?

You should seek the advice of an attorney who specializes in trust law in your jurisdiction.You should seek the advice of an attorney who specializes in trust law in your jurisdiction.You should seek the advice of an attorney who specializes in trust law in your jurisdiction.You should seek the advice of an attorney who specializes in trust law in your jurisdiction.