contractual penalty

  • 1penalty — pen·al·ty / pen əl tē/ n pl ties 1: a punishment that is imposed on a wrongdoer by statute or judicial decision 2: a pecuniary sum that by agreement is to be paid by a party who fails to fulfill an obligation to another and that is punitive… …

    Law dictionary

  • 2Civil penalty — A civil penalty or civil fine is a term used to describe when a state entity, government agency, or private party seeks monetary relief against an individual as restitution for wrongdoing by the individual. The wrongdoing is typically defined by… …

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  • 3Italy — /it l ee/, n. a republic in S Europe, comprising a peninsula S of the Alps, and Sicily, Sardinia, Elba, and other smaller islands: a kingdom 1870 1946. 57,534,088; 116,294 sq. mi. (301,200 sq. km). Cap.: Rome. Italian, Italia. * * * Italy… …

    Universalium

  • 4Arthur Sullivan — This article is about the composer. For the Australian soldier decorated with the VC, see Arthur Percy Sullivan. Arthur …

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  • 5Patti LuPone — Infobox actor imagesize = 180px birthdate = birth date and age|1949|4|21 birthplace = Northport, New York tonyawards = Best Lead Actress in a Musical 1980 Evita 2008 laurenceolivierawards = Best Actress in a Musical 1985 Les Misérables and The… …

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  • 6CONTRACT — (Heb. חוֹזֶה, ḥozeh), in general law theory a legally binding agreement between two or more parties, in terms of which one party undertakes for the benefit of the other to perform or refrain from a certain act. As such, contract is the main… …

    Encyclopedia of Judaism

  • 7South African contract law — is essentially a modernised version of the Roman Dutch law of contract, [1] which is itself rooted in Roman law. In the broadest definition, a contract is an agreement entered into by two or more parties with the serious intention of creating a… …

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  • 8Office of Fair Trading v Abbey National plc — OFT v Abbey National plc Court Supreme Court of the United Kingdom Full case name Office of Fair Trading v Abbey National plc and Others Date decided …

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  • 9Consideration in English law — is one of the three main building blocks of a contract. Consideration can be anything of value (such as an item or service), which each party to a legally binding contract must agree to exchange if the contract is to be valid. If only one party… …

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  • 10Consideration under English law — Consideration is one of the three main building blocks of a contract in English contract law. Consideration can be anything of value (such as an item or service), which each party to a legally binding contract must agree to exchange if the… …

    Wikipedia