contract law
31contract implied in fact — see contract Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …
32contract under seal — see contract Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …
33contract for deed — A contract used for seller financing where the seller will keep title to the property until the buyer pays off the loan. After the buyer pays off the entire loan, the seller signs a deed transferring title to the buyer. Category: Real Estate &… …
34contract of participation — A contract which the employees are required to enter into with the company under a profit sharing scheme by which they agree to be bound by certain conditions. Practical Law Dictionary. Glossary of UK, US and international legal terms.… …
35contract, bilateral — n. A contract between two parties in which each one promises something to the other. The Essential Law Dictionary. Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008 …
36contract, oral — n. A contract that is executed verbally and not put in writing. See also statute of frauds The Essential Law Dictionary. Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008 …
37contract, unilateral — n. A contract in which one party promises to do something in exchange for performance by the other party. The Essential Law Dictionary. Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008 …
38contract bond — see bond 1a Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …
39contract clause — n often cap both Cs: the clause in Article I, Section 10 of the U.S. Constitution that prohibits states from passing any laws that render contracts invalid or impair the obligations under them Merriam Webster’s Dictionary of Law. Merriam Webster …
40contract race — Where a seller has received and accepted two or more offers on a property and will sell to the party who is ready to exchange contracts first. Practical Law Dictionary. Glossary of UK, US and international legal terms. www.practicallaw.com. 2010 …
