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PREMARITAL AGREEMENT READ BEFORE SIGNING: IMPORTANT NOTICE: EACH PARTY TO THIS AGREEMENT AGREES THAT THEY HAVE HAD AN OPPORTUNITY TO CONSULT WITH AN ATTORNEY OF THEIR CHOICE LICENSED TO PRACTICE LAW

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FAQ

What is 2nd party?

Second party is someone related to the person (trainer/instructor/employer) declaring that the person is competent. Third party would require an entirely independent party to declare the person competent.

Why is it 3rd party and not 2nd party?

The third party is considered independent from the other two, even if hired by them, because not all control is vested in that connection. There can be multiple third-party sources with respect to a given transaction, between the first and second parties.

Why is it called 3rd party and not 2nd party?

It's a term that's often used in Windows-centric development: the first and second parties are me (or you), and Microsoft; and the third party is anyone else: Sometimes it means the customer or end user (e.g. "if we get a 'redistributable' from Microsoft, that means that we can redistribute it to 'third parties'")

What is the difference between a second party and a third party?

What does Second Party mean?

In commerce, a "third-party source" means a supplier (or service provider) who is not directly controlled by either the seller (first party) nor the customer/buyer (second party) in a business transaction. ... A second-party source would be under direct control of the second party in the transaction.

What does it mean by 3rd party?

A third party is an entity that is involved in some way in an interaction that is primarily between two other entities. A contract might be, for example, between a software company that creates a mobile app and an end user.

What is 1st Party 2nd Party 3rd party?

First party is the company that makes X. Second party is the person/company using X made by the first party. Third Party is a person/company that makes something that works with X but isn't the First Party.

What is second party authorization?

Second party is someone related to the person (trainer/instructor/employer) declaring that the person is competent. ... They have no interest in the outcome of the certification assessment process, nor do they have any type of relationship with the person being assessed.

What is a 2nd party seller?

A second party (2P) seller is an Amazon supplier that is not the manufacturer of the product; Amazon is the MOR but they sourced the inventory through a reseller. 2P is less common and is typically used by Amazon to supplement their inventory. These items also appear with the label "Ships from and sold by Amazon.com".

What does Second party authorization mean?

First party is the person self-attesting that he or she is competent. Second party is someone related to the person (trainer/instructor/employer) declaring that the person is competent. Third party would require an entirely independent party to declare the person competent.

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