A stipulation is an agreement or condition that is mutually agreed upon between two or more parties. It is often included in legal documents such as contracts, agreements, or court orders. The stipulation outlines the terms and conditions that each party must follow in order to achieve a specific outcome. In legal settings, stipulations can be used to narrow the issues that need to be resolved at trial, establish facts that both parties agree on, or settle disputes without the need for a trial. Stipulations can also be used in non-legal contexts, such as in negotiations between business partners or in the sale of goods or services.
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