discretionary

What is discretionary?

discretionary is one of legal terms that means When a decision may be made in the course of a transaction at the election of the party who has the choice based on their discretion. For example, in some transactions a party would not be able to assign or transfer the benefit of their agreement to a third party without the consent of the other party. Usually that party will have a discretion whether to consent or not.

 

source: australiandesignunit.com

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