Tender Offer - Law Dictionary Search Results
Home Dictionary Name: tender offer Page: 3contract
contract [Latin contractus from contrahere to draw together, enter into (a relationship or agreement), from com- with, together + trahere to draw] 1 : an agreement between two or more parties that creates in each party a duty to do or not do something and a right to performance of the other's duty or a remedy for the breach of the other's duty ;also : a document embodying such an agreement see also accept, bargain, breach, cause, consent, consideration, duty, meeting of the minds, obligation, offer, performance, promise, rescind, social contract, subcontract Uniform Commercial Code in the Important Laws section NOTE: Contracts must be made by parties with the necessary capacity (as age or mental soundness) and must have a lawful, not criminal, object. Except in Louisiana, a valid contract also requires consideration, mutuality of obligations, and a meeting of the minds. In Louisiana, a valid contract requires the consent of the parties and a cause for the contract in addition to c...
Decisive oath
Decisive oath [sacramentum decisionis, Lat.], in the Civil Law, where one of the parties to a suit, not being able to prove his charge, offered to refer the decision of the cause to the oath of his adversary; which the adversary was bound to accept, or tender the same proposal back again, otherwise the whole was taken as confessed by him, Cod, 4, 1, 12...
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