Search results for: “contracting party”
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Authentic Act
In civil law. An act which has been executed before a notary or other public officer authorized to execute such functions, or which is testified by a public seal, or has been rendered public by the authority of a competent magistrate, or which is certified as being a copy of a public […]
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Principles Of International Commercial Contracts
Unidroit Principles of International Commercial Contracts 1994/2004 in Maritime Law Note: There is more information on maritime/admiralty law here.The following is a definition of Unidroit Principles of International Commercial Contracts 1994/2004, produced by Tetley, in the context of […]
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Capacity
The meaning of this word depends on the assent to any contract. See Smith v Thornhill (Texas) 25 S. W.2d 597; Ashley v Holman, 15 S. C. 97.
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Bilateral Contract
One in which offer by making requested promise. See Antonucci v Stevens Dodge. Inc., 340 N. Y. S.2d 979.
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Goods
Its primary meaning is all chattels personal , capable of manual delivery , other than money . It has been said that goods include all chattels personal other than things in action and money. See Utica Carting Storage & Contracting Co. v World Fire & marine insurance Co., 100 […]
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Goods
Its primary meaning is all chattels personal , capable of manual delivery , other than money . It has been said that goods include all chattels personal other than things in action and money. See Utica Carting Storage & Contracting Co. v World Fire & marine insurance Co., 100 […]
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Deposit
In contracts for sale, particularly the sale of land, it is that part of the purchase price prepaid by way of security when the contract is entered into. If the contract is completed, then the deposit is applied against the purchase money . But its primary purpose is that it is a […]
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Deposit
In contracts for sale, particularly the sale of land, it is that part of the purchase price prepaid by way of security when the contract is entered into. If the contract is completed, then the deposit is applied against the purchase money . But its primary purpose is that it is a […]
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Anti Suit Injunction
Anti Suit Injunction in Maritime Law Note: There is more information on maritime/admiralty law here.The following is a definition of Anti Suit Injunction, produced by Tetley, in the context of admiralty law: An extraordinary procedure where a court issues an order to the effect that […]
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Obligation
Legal Definition and Related Resources of Obligation Meaning of Obligation The act of obliging or binding; that which obligates; the binding power of a vow, promise , oath or contract . The origin of the word can be traced to Latin word obligato, […]
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Unilateral Mistake
In relation to contracts, it means that one party to the contract was in error or mistaken belief as to one of the essential terms of the contract, such as the price or quantity or quality of the subject matter or the person with whom he was contracting, etc. While there is no fixed rule…
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Exemption Clause
In a contract, a clause which exempts or excludes warranties, conditions, or obligations which might otherwise arise. A clause in a contract exempting a party from liability.