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Optionally - Law Dictionary Search Results

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Voidable contract

Voidable contract, An agreement which is enforce-able by law after option of one or more of the parties thereto, but not at the option of the other or others,

Perpetuity

the works of Lewis (1849); Marsden (1883); and Prof. Gray (Boston, U.S.A., 2nd Edn. 1906); and as to option of purchase in a lease, and the present restrictions on the creation of a lease in futuro, see

exercise

occupation 2 : the act or an instance of carrying out the terms of an agreement (as an option) vt -cised -cis·ing 1 : to make effective in action [exercising power] 2 : to bring to bear

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optionee

A person who holds an option to buy or sell a financial instrument See option

sale

on acceptance of the goods by a buyer (as a consumer) receiving them primarily for use with the option to return them if they do not meet his or her approval even though they conform to contract

Facultative

Having relation to the grant or exercise faculty or authority privilege license or the like hence optional as facultative enactments or those which convey a faculty or permission the facultative referendum of Switzerland is one

straddle

straddle : the purchase of an equal number of put options and call options on the same underlying securities with the same price and maturity date

Fixtures

due, etc., avoiding or making good damage, giving the landlord notice before removal, and allowing the landlord an option of purchase. The Agricultural Holdings Act, 1875, s. 53, and the Landlord and Tenant Act, 1851 (14 &

Hard labour

'where a person convicted by or before any Court of an offence is sentenced to imprisonment without the option of a fine, the imprisonment may, in the discretion of the court, be either with or without hard

Hire purchase agreement and contract for sale

a contract of hire-purchase is properly speaking a contract of hire by which the hirer is granted an option to buy but is not, as under a contract of sale, under a legal obligation to do so.

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