28 November 2022
A careful and critical examination of documents that has to be executed in terms of law is called Legal vetting. It ensures the following: monetary security legal remedy well defined issues clarity of aspects and monetary terms, etc. Where as a legal opinion is (in the form of a letter issued by a law firm) expressing legal conclusions and/or analysis of a specific transaction or view regarding certain issue. The recipient of the opinion will then rely on its contents as a basis for entering into the transaction. Simply put, a legal opinion is issued by a lawyer or law firm by vetting the issue, to the client/seeker.
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