Podcast
Questions and Answers
What is a general method for recording a settlement agreement?
What is a general method for recording a settlement agreement?
- A court order for mediation
- A verbal agreement with witnesses
- A general settlement agreement or acknowledgement of debt (correct)
- A concession agreement
Which process involves a profession to judgement in the High Court?
Which process involves a profession to judgement in the High Court?
- Profession to judgement in the High Court (correct)
- Recording a settlement as per MCR 27(6)-10
- Submission of an appeal in civil cases
- Request for a retrial in magistrates courts
What procedural sections relate to liquid amounts due in magistrates courts?
What procedural sections relate to liquid amounts due in magistrates courts?
- Sections 90 and 91
- Sections 73 and 74
- Sections 10 and 12
- Sections 57 and 58 (correct)
What does MCR 27(6)-10 refer to in legal settlements?
What does MCR 27(6)-10 refer to in legal settlements?
Which of the following is not a method of recording agreements to settle?
Which of the following is not a method of recording agreements to settle?
Flashcards
General Settlement Agreement
General Settlement Agreement
A formal document that outlines the terms of a settlement agreement between parties, acknowledging the debt or obligation.
Profession to Judgment
Profession to Judgment
A process where a legal claim is formally accepted by a court, leading to a binding judgment.
Section 57 and 58 Procedures
Section 57 and 58 Procedures
A specific procedure in Magistrates' Courts for settling debts with known amounts, outlined in sections 57 and 58 of the relevant legislation.
MCR 27(6)-10 Settlement
MCR 27(6)-10 Settlement
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Methods of Recording Settlement Agreements
Methods of Recording Settlement Agreements
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Study Notes
Methods of Recording Settlement Agreements
- General Settlement Agreement/Acknowledgement of Debt: A common method for recording a settlement.
- Judgment in the High Court: A formal court proceeding to record agreement.
- Section 57 and 58 Procedures (Magistrates' Courts): Legal procedures for settling amounts due in Magistrates' Courts.
- MCR 27(6)-10 Recording: Recording settlements following specific rules and procedures mentioned in court rules.
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