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Norwegian to English translations [PRO]
Bus/Financial - Accounting / annual report | | Norwegian term or phrase: foretatt til armlengdes vilkår | Sentence given:
"Det opplyses om alle vesentlige transaksjoner og avtaler mellom naerstående parter, uavhengig av om de er foretatt til armlengdes vilkår."
This may seem obvious, so I apologise ahead of time if that is the case. I have reluctantly been coaxed into translating a Norwegian text, which I never do. |
|  Paul LambertKudoZ activityQuestions: 572 (none open) ( 16 closed without grading) Answers: 156
Sweden
| | Local time: 02:31
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| | performed on arms' length terms and conditions | Explanation:
"The arm's length principle (ALP) is the condition or the fact that the parties to a transaction are independent and on an equal footing. Such a transaction is known as an "arm's-length transaction". It is used specifically in contract law to arrange an equitable agreement that will stand up to legal scrutiny, even though the parties may have shared interests (e.g., employer-employee) or are too closely related to be seen as completely independent (e.g., the parties have familial ties)."
http://en.wikipedia.org/wiki/Arm's_length
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| Selected response from:
Hanne Rask Sønderborg
Local time: 20:31
| Grading comment Makes sense. Thanks.
4 KudoZ points were awarded for this answer |
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| Discussion entries: 0 |
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Automatic update in 00:
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1 hr confidence:   peer agreement (net): +4 performed on arms' length terms and conditions
Explanation:
"The arm's length principle (ALP) is the condition or the fact that the parties to a transaction are independent and on an equal footing. Such a transaction is known as an "arm's-length transaction". It is used specifically in contract law to arrange an equitable agreement that will stand up to legal scrutiny, even though the parties may have shared interests (e.g., employer-employee) or are too closely related to be seen as completely independent (e.g., the parties have familial ties)."
http://en.wikipedia.org/wiki/Arm's_length
Example sentence(s):- QVC Holdings and its affiliates that are on armslength terms (which Comcast shall advise Liberty of)
- All such services will be performed on arms'-length terms and conditions
Reference: http://www.secinfo.com/dsVQx.b37b.d.htm
Reference: http://sec.edgar-online.com/1997/03/31/00/0000950109-97-0026...
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The translation workplace 
