Moral obligations might seem strong enough to equate to a good legal contract, but moral obligations and legal contracts are completely separate entities. A moral obligation can be encoded into a ...

A reference obligation is a specific debt security that is the basis for a credit derivative, such as a credit default swap, and is issued by the reference entity. A reference obligation is a ...

In America, we don't tend to use the words "solidarity" and "social contract" as frequently or naturally as the Europeans do, but the idea of a social contract is actually as American as apple pie--or ...

The IRS issued proposed regulations relating to the nonrecognition of gain or loss on certain dispositions of an installment obligation. The regulations would require ...

In UK business law, mutuality of obligation is a legal issue that both employers and their employees must fully understand. This matter sets out all legal obligations on the part of the employers in ...