Restrictive covenants were used to create segregated neighborhoods in the US, particularly affecting black and Asian Americans. The Fair Housing Act of 1968 made it illegal to enforce racially motivated covenants, but some neighborhood associations still use them to maintain property values. The Act also provides protections for people looking for properties to rent or […]
“Pacta sunt servanda” means agreements must be kept. It is a legal principle that contracts, treaties, and other legal agreements create a binding obligation between parties. Violation can result in sanctions. It applies to international law. It creates legal and social order and reminds people to keep legal promises. It does not apply if a […]
The Doctrine and Covenants is a significant part of the scriptural canon for Latter-day Saints, containing unique beliefs and providing a mechanism for two churches to practice their faith. It was first published in 1835 and has been accepted as scripture by The Church of Jesus Christ of Latter-day Saints and the Community of Christ. […]
Financial covenants are commitments made in financial contracts that describe actions to be taken if agreements are not fulfilled. They are found in loan agreements and contracts between sellers and customers, and serve to ensure mutual responsibility and protect all parties’ interests. Financial covenants are part of the terms and conditions found in any type […]
Financial covenants are commitments in financial contracts that outline actions to be taken if not fulfilled. They are found in loan agreements, supplier-customer contracts, and employment contracts to minimize misunderstandings and protect all parties’ interests. Financial covenants are part of the terms and conditions found in any type of financial contract. The covenants represent specific […]
