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Amwelladmin (talk | contribs) (Created page with "Basically pure {{tag|flannel}}. If you are a party to a contract your counterparty's obligations are legally binding. That's all you need to know. Chicken lic...") |
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{{a|plainenglish|}}[[Inure]]<br> | |||
/ɪˈnjʊə,ɪˈnjɔː/ | |||
{{ | ''[[Verb]]'' (pedantic): Of a legal right, especially one arising under a [[contract]], to belong to, or be available to, a person. | ||
This is often seen in the context of [[successors and assigns]], like so: “this [[contract]] will be binding upon and [[inure]] to the benefit of the parties hereto, and their [[successors and assigns]]”. | |||
Why to the benefit of? Because it is the verbal construction that provides enough diversion to obscure the fact that this is a statement of not jsut the bleeding obvious, but the necessarily true. A contract creates rights and obligations in and of itself; there is no need to further inure them to anyone. The inheritance of a right between a dying, or merging, or assigning counterpasrty is likewise an operation of some other legal process (perhaps a novation, merger or the laws surrounding probate and succession) and not, principally contract (except where it bars [[assignment]]). I have a right. Thus, inuring is purest {{tag|flannel}}. If you are a party to a contract your counterparty's [[obligation|obligations]] are legally binding. That’s all you need to know. [[Chicken licken]], relax: the sky will not fall on your head if you don't say they “[[inure]]” to you. Or, for that matter, to you [[successors and assigns]]. |