A Common Aviation Area Agreement (CAAA) is a bilateral or multilateral agreement between countries that aims to liberalize air transport services and promote better connectivity between them. The agreement typically includes provisions on air traffic rights, safety standards, and market access for airlines. The CAAA facilitates air travel by eliminating restrictions on airline ownership,…
An executive employment agreement (EEA) is a legally binding contract between an executive and the employer outlining the terms and conditions of employment. The agreement is geared towards ensuring that the rights of both parties are protected throughout the length of the executive’s tenure. As such, it is important to pay attention to the…
When it comes to creating a valid contract, it is crucial to ensure that the legal rules and formalities are followed. Failure to do so could potentially result in the contract being deemed invalid, leaving both parties vulnerable to legal disputes. So, what are the legal rules and formalities that need to be followed…