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Contract, freedom of

Contract, freedom of. Modern legislation has fre-quently interfered with freedom of contract, as, e.g., by invalidating contracts, as, e.g.,

Deed

exordium, date and parties. The commencement sets forth its style or character. The date follows in indentures and contracts, but is generally placed in the last or peroration-clause in a deed-poll. In any case, even if there

Land charge

under a trust for sale or Settlement, or (c) included in another class of land charge; (iv) estate contracts (q.v.). The fourth, Class D, in this register affects (i) Inland Revenue charges for death duties, (ii) restrictive

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Constructive notice

of which he would have had notice if he had seen the full title. See Cox and Neve's Contract, (1891) 2 Ch 109; Patman v. Harland, (1881) 17 CD 353 illustrates the doctrine. It was there held

Abandonment

relinquishing of a right or interest with the intention of never again claiming it. In the context of contracts of the sale of land, courts sometimes use the term abandonment as if it were synonymous with rescission,

Consideration

of the transaction and in the absence of consideration the Courts will, except in the case of simple contract, accept other evidence from which intention will be inferred. A simple contract, that is to say, a promise

agreement

agreeing [by mutual ] b : unity of opinion, understanding, or intent ;esp : the mutual assent of contracting parties to the same terms [if they reach ] NOTE: Under common law, agreement is a necessary element

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

broker

broker : an agent who negotiates contracts of sale (as of real estate or securities) or other agreements (as insurance contracts or mortgages) between the

derivative

derivative : a contract or security that derives its value from that of an underlying asset (as another security) or from the

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