/ˈbaɪndɪŋ klɔz/ – Phrase
Definition: điều khoản bắt buộc, điều khoản ràng buộc.
A more thorough explanation: A binding clause is a provision in a contract or legal document that requires the parties involved to adhere to the terms and conditions specified within the clause. This means that the parties are legally obligated to fulfill their obligations as outlined in the binding clause, and failure to do so may result in legal consequences.
Example: The arbitration agreement is a binding clause in the contract, requiring any disputes to be resolved through arbitration rather than litigation.