Legal Definition and Related Resources of Reciprocal contract
Meaning of Reciprocal contract
In civil law. One by which the parties enter into mutual engagements. They are divided into perfect and imperfect. When they are perfectly reciprocal, the obligation of each of the .parties is equally a principal part of the contract, such as sale, partnership, etc. Contracts imperfectly reciprocal are those in which the obligation of one of the parties only is a principal obligation of the contract; as, mandate, deposit, loan for use, and the like. In all reciprocal contracts, the consent of the parties must be expressed. Poth. Obi. note 9 ; Civ. Code La. arts. 1758, 1759.
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| Reciprocal Contract in the Dictionary | Reciprocal Contract in our legal dictionaries | Browse the Legal Thesaurus | Find synonyms and related words of Reciprocal Contract |
| Legal Maxims | Maxims are established principles that jurists use as interpretive tools, invoked more frequently in international law |
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| Related topics | Reciprocal Contract in the World Encyclopedia of Law |
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This definition of Reciprocal Contract is based on the The Cyclopedic Law Dictionary . This entry needs to be proofread.
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Reciprocal Contract
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