contractual obligation
41agency — /ay jeuhn see/, n., pl. agencies. 1. an organization, company, or bureau that provides some service for another: a welfare agency. 2. a company having a franchise to represent another. 3. a governmental bureau, or an office that represents it. 4 …
42open account — Trading on the basis that payment will be debited to the customer s account and settled on the basis of the payment terms applicable to that account. Easyform Glossary of Law Terms. UK law terms. open account n. (1) An unsettl …
43contract — con·tract 1 / kän ˌtrakt/ n [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… …
44contract — I (New American Roget s College Thesaurus) n. compact, agreement, promise, bargain, covenant, stipulation, convention. II (Roget s IV) n. Syn. agreement, legal agreement, covenant, compact, stipulation, contractual statement, contractual… …
45accord and satisfaction — A device enabling one party to a contract to avoid an obligation that arises under the contract, provided that the other party agrees. The accord is the agreement by which the contractual obligation is discharged and the satisfaction is the… …
46accord and satisfaction — A device enabling one party to a contract to avoid an obligation that arises under the contract, provided that the other party agrees. The accord is the agreement by which the contractual obligation is discharged and the satisfaction is the… …
47Misrepresentation in English law — is an area of English contract law, which allows a person to escape a contractual obligation or claim compensation for losses. If one person can show that she entered an agreement because of another person s false assurances, then the other… …
48O'Neill v. Phillips — [1999] 1 WLR 1092; [http://www.publications.parliament.uk/pa/ld199899/ldjudgmt/jd990520/neill01.htm UKHL 20 May 1999] , is a UK company law case on an action for unfair prejudice under s.459 Companies Act 1985 (now s.994 Companies Act 2006). It… …
49O'Neill v Phillips — Court House of Lords Date decided 20 May 1999 Citation(s) [1999] UKHL 24, [1999] 1 WLR 1092 Case opinions Lord Hoffmann …
50capital and interest — ▪ economics Introduction in economics, a stock of resources that may be employed in the production of goods and services and the price paid for the use of credit or money, respectively. Capital in economics is a word of many meanings …
