Skip to content

Open Contract - Law Dictionary Search Results

Research workspace

Save terms and build your research trail

A free trial unlocks notes, tags, search history, and the full AI Studio desk for judgment research.

Open contract

Matched in: Term Open contract

open perils

Matched in: Term open perils

Measure of damage

by the vendor, if the breach complained of is that he has failed to show title on an open contract, the purchaser cannot recover his loss upon the contract, but only his expenses. If, however, the breach has

Keep your definitions linked to case research

Contract for sale of land

Matched in: Term Contract for sale of land

Rescission

if he chose to rescind upon an objection which he was precluded by statute from taking under an open contract, or by the conditions in the contract, Scott v. Alvarez, (1895) 2 Ch 603. Under ss. 45 (11)

Contract of option

Matched in: Term Contract of option

fail

become inadequate or unsuccessful esp. in fulfilling certain formal requirements [even though one or more terms are left open a contract for sale does not for indefiniteness "Uniform Commercial Code"] 2 : to become bankrupt or insolvent

derivative

customized contracts transacted outside of security exchanges, while other contracts, such as standard index options and futures, are openly traded on such exchanges. Derivatives often involve a forward contract. adj 1 : arising out of or dependent

open

Matched in: Term open

Upto

881: AIR 1940 Lah 7: 186 IC 881. Upto, Wednesday in a contract means that the offer remains open until midnight of Wednesday, Metropolitan Engineering Works v. Debramer, 45 Cal 481.

  • ‹ Prev
  • Last »

Try the research workspace - 7 days free


AI Briefs · Semantic Search · Save & annotate judgments

Start your 7-day free trial