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Contract Note - Law Dictionary Search Results

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Contract note

Matched in: Term Contract note

Risk Note

Matched in: Term Risk Note

contract

Matched in: Term contract

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breach

without any negligence or misconduct. b : failure without excuse or justification to fulfill one's obligations under a contract called also breach of contract compare repudiation an·tic·i·pa·to·ry breach : a breach of contract that occurs as a … by the failure of the goods to conform to the seller's description or by a defect in title) NOTE: A seller may be liable for a breach of warranty even without any negligence or misconduct. b :

Sale of Goods Act, 1893

it is provided, amongst other things, that an infant or person by mental incapacity or drunkenness incompetent to contract must pay a reasonable price for 'necessaries' sold and delivered to him; that (re-enacting a part of the … law of the sale of goods, in the same fashion as the law of bills of exchange, promissory notes, and cheques was codified (see CODE) by the Bills of Exchange Act, 1882, and the law of partnership

cancel

a credit before presentment of a draft "Uniform Commercial Code"] 2 : to put an end to (a contract): as a : to end (a contract) by discharging the other party from obligations as yet unperformed b … provision in one's will) ineffective by purposely making marks through or otherwise marring the text of compare revoke NOTE: The text of the will or of the will's provision need not be rendered illegible in order for

interest

of the property or the death of the person and that is a requirement for enforcing an insurance contract NOTE: The purpose of requiring an insurable interest is to prevent the use of insurance as a form of

damage

entry ex·em·pla·ry damages [ig-zem-plə-rē-] : punitive damages in this entry ex·pec·ta·tion damages : damages recoverable for breach of contract and designed to put the injured party in the position he or she would have been in had … is liable see also additur, cover, mitigate, remittitur compare declaratory judgment at judgment, injunction specific performance at performance NOTE: The trier of fact determines the amount of damages to be awarded to the prevailing party. More than

Bought and Sold Notes

nullities unless one has been assented to by the parties as containing the terms of the contract. Every contract note for or relating to the sale or purchase of any stock or marketable security must be stamped when

cause

then pending "R. T. Gerwatowski"] 4 in the civil law of Louisiana : the reason for making a contract compare frustration NOTE: Under the Louisiana Civil Code, if a contract's cause is illicit or immoral, the contract

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