Alternative contract

Alternative contract

What does Alternative contract mean in American Law?

The definition of Alternative contract in the law of the United States, as defined by the lexicographer Arthur Leff in his legal dictionary is:

A contract pursuant to which one or both parties can properly perform by rendering any one of two or more performances, e.g., “Seller shall deliver either a Queen Anne breakfront or 12 cases of Chateau Mouton Rothschild 1972.” Also called “alternative obligation.”

Meaning of Alternative Contract

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  • Contract

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