Requirements Contract - Law Dictionary Search Results
requirements contract
Matched in: Term requirements contract
Mixed contract
Matched in: Term Mixed contract
contract
Matched in: Term contract
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Consideration
consideration. A contract may be illegal because it contravenes the principles of the Common Law, or the special requirements of a statute. The former illegality exists whenever the consideration is founded upon a transaction which violates public
performance
performance 1 : work done in employment [unsatisfactory ] 2 a : what is required to be performed in fulfillment of a contract, promise, or obligation [substituted a new in novation of the
bond
a person undertakes to perform a certain act (as appear in court or fulfill the obligations of a contract) or abstain from performing an act (as committing a crime) with the condition that failure to perform or … or by some contingency over which the person may have no control. appeal bond : a cost bond required by a rule of procedure (as Federal Rule of Appellate Procedure 7) to be given by an appellant
Agricultural Holdings Act, 1923
of the Act (or where the contract of tenancy was made on or after January 1st, 1921, whether required by it to make the improvement or not), the tenant becomes entitled at the termination of the tenancy
Specific performance
order to render binding the promise of the other. (f) The contract must be in writing if so required by the Statute of Frauds. See Law of Property Act, 1925, s. 40, replacing s. 4 of the
interest
forth in the rule in Shelley's case. expectation interest : the interest of a party to a breached contract in receiving the benefit of the bargain by being put in a position as good as that which … divesting of a prior interest or one created simultaneously NOTE: Unlike a remainder, an executory interest does not require the expiration of a prior interest. It was designed to guard against the destructibility of contingent remainders set
default
to be lacking, fail, from de-, intensive prefix + faillir to fail] 1 : failure to do something required by duty (as under a contract or by law): as a : failure to comply with the terms
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