Covenant Not To Complete - Law Dictionary Search Results
Consideration
3 Mer 582; Gandy v. Gandy, (1884) 30 Ch D 57. A promise under seal, such as a covenant or bond, does not require any consideration to be enforceable at law by an action upon the covenant … to the time when it operates into 1st, executed (in another sense), i.e., f the consideration has been completed before the corresponding promise has been performed; 2nd, executory, or something to be done after the promise; 3rd,
sale
a prior agreement between the parties for a sale on credit. conditional sale : a sale that is complete only when one or more conditions are met ;specif : a sale in which the seller extends credit … : the transfer of title to property from one party to another for a price ;also : the contract of such a transaction see also short compare barter, donation, exchange, gift absolute sale : a sale that
Tail
s. 167] These modes of assurance of a fee-simple were feoffment (at the Common Law), bargain and sale, covenant to stand seised, a release (under the Statute of Uses), or grant, which is the best mode of … possibility of issue extinct, Co. Litt. 27 b; Halsbury, L.E., 'Real Property.' (9) The issue-in-tail is not bound to complete, either at law or inequity, any contract made by his ancestor as tenant-in-tail, since he claims from the
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Salary or wages
(a) that consideration for the transaction was at par with the market value of the property; (b) a covenant for payment of compensation if the possession of vendee is interfered with by a third party claimant is … Labour Officer, AIR 1981 SC 905: (1981) 2 SCC 147: (1981) 2 SCR 738. Sale, embraces not only completed contract, but also the contract of sale or agreement of sale if such contract of sale or agreement
Deposit
Deposit, money paid to a person as an earnest or security for the performance of some contract, especially a contract for the sale of real estate. Also a naked bailment of goods to be kept … as a part payment of the purchase money, but also as a guarantee that the contract shall be completed by the purchaser, and may be forfeited if he make default, Howe v. Smith, (1884) 27 Ch D
Mistake
Court or a trustee in bankruptcy has received the money [Ex P. Simmonds, (1885) 16 QBD 308]. A contract is not voidable because it was caused by a mistake as to any law in force in India; … the subject of compensation, and this condition applies whether an error complained of was discovered before or after completion of the purchase, Palmer v. Johnson, (1884) 13 QBD 351; but where the misdescription is so serious as
Restrictive Covenant
Matched in: Term Restrictive Covenant
frustration
state or an instance of being frustrated c : something that frustrates 2 : a common-law doctrine of contract law: parties to a contract may be excused from performance even though performance is still possible if the … from performance even though performance is still possible if the reason for making the contract is partially or completely frustrated by a fortuitous event or by circumstances which are not the fault of either party called also
Carry over
over, a term used in the Stock Exchange to denote the process of postponing the completion of a contract, either for the purchase or sale of stocks or shares, to a later date than that originally fixed. … seller interest on the capital involved, the seller retaining the stocks or shares till the transaction is ultimately completed. This interest is called a 'contango.' If, on the other hand, the buyer is anxious to pay for
Contract for work or service contract for sale of goods
Contract for work or service contract for sale of goods, the primary difference between a 'contract for work or … constitute a sale there must be an agreement express or implied relating to the sale of goods and completion of the agreement by passing of title in the very goods contracted to be sold. C.S.T. v. Purshottam
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