A binding agreement between two or more parties for performing, or refraining...
To enter into, with mutual obligations; to make a bargain or covenant for.
To make an agreement; to covenant; to agree; to bargain; as, to contract for carrying the mail.
The agreement of two or more persons, upon a sufficient consideration or cause, to do, or to abstain from doing, some act; an agreement in which a party undertakes to do, or not to do, a particular thing; a formal bargain; a compact; an interchange of legal rights.
A formal writing which contains the agreement of parties, with the terms and conditions, and which serves as a proof of the obligation.
The contract is the legal document generated from the agreed content of the bid. It details the aims, outcomes and budget against which the project will be measured.
A binding legal agreement between two or more persons or entities.
see collective bargaining agreement.
A mutual agreement between two or more parties, in which each party gives up something of value and gains another thing of value.
A formal agreement to buy or sell a specific amount of a certain currency.
An agreement which the law recognises as legally binding.â€¢ Consumer Creditâ€¢ Contractsâ€¢ Employmentâ€¢ Fencesâ€¢ Goods - sale ofâ€¢ Land - Rights of Land Ownersâ€¢ Legal Capacityâ€¢ Time Limits in Civil Matters
There are four components that comprise a contract: 1) both parties must be legally capable; 2) the agreement must be mutual; 3) there must be valid consideration; and 4) the satisfaction of any condition that would invalidate the contract.
An agreement between two or more parties. In the context of this glossary, a contract refers to the agreement between the contractor and owner, or between the architect and owner.
An agreement between people, companies or governments who intend to create a legal relationship. Under English law, there are three essential elements: offer, acceptance and consideration
Oral or written agreement between a consumer and a seller (performer) about quality, terms, price and other conditions under which the purchase and sale, works, and services are carried out. an agreement in writing may be executed by a receipt, sales check, or other documents
An agreement between two or more entities which creates an obligation to do (or not do) a particular thing one is otherwise entitled to do (or not do). To be legally enforceable, a contract must have subject, consideration, and competent party.
This is the agreement you will make with the company installing your new windows. It will define exactly what the company will do, price, service and warranty. To read more on Contracts.
A collective bargaining agreement between a grower and his union-represented employees. The terms of a negotiated contract specify wages, working conditions, and benefits.
In oil industry usage, an agreement, often bilateral, to supply petroleum of a given specification for an agreed-upon term at an agreed-upon unit price. Although all commercial transactions are finalized in writing and have the legal force of a contract, the term "contract" in general industry usage serves to distinguish a long-term supply arrangement from a one-time, or "spot" transaction.
A legally binding agreement between two or more persons/organizations to carry out reciprocal obligations or value.
The written, legal agreement between the buyer and the seller, in which the seller agrees to sell the property to the buyer.
The document which constitutes or evidences or, as the case may be, all the documents which constitute or evidence the final concluded agreement between the Library and the Contractor concerning the execution of the work under the Contract
A legal agreement between competent parties for a consideration to perform or refrain form performing certain acts.
A legally binding agreement between two or more parties. A document stating the terms of a contract.
A contract is an agreement between two or more people (or groups) to do (or not to do) something. The agreement can be enforced by law.
Documents that will eventually legally binds the parties to the agreement . They include the main terms of what has been agreed such as the address, the price and the names of the parties. It also deals with what happens in the unlikely event a dispute arises or completion does not take place. The solicitor acting for the seller drafts two copies of the contract, and each party signs their own copy. When the contract has been approved by the buyers solicitor and the seller and buyer are ready contracts are exchanged by the parties solicitors. It is only then the transaction is legally binding prior to that either party can walk away.
The contract is the formal agreement between the acquirer and the developer of the system. A contract contains all of the relevant terms and conditions as well as a statement of work.
A legally enforceable promise or agreement between two or more persons.
A binding agreement between two or more parties (or persons); a procurement agreement.
An agreement under which an advertiser contracts to use a minimum amount of advertising for a stated period of time.
The document binding for best and worse the company and its customer. It describes reciprocal engagements
A pre-determined, exchange-standardized agreement based on the outcome of a specified event. Details of TradeSports's contracts are set out in the Sports Rules and Contract Specifications.
Legal transactions which may be about intellectual property, examples of such are licences and assignments. These contracts can be verbal and in many cases(but not always) a contractual agreement will be able to override any provisions in intellectual property law that might conflict with what is to be agreed.
The legal and binding agreement committing buyer and seller to the sale/purchase.
An oral or written, often legally-binding, agreeme... more
Agreement between researcher and funding agency specifying deliverables and schedule.
A legally binding agreement in which an author or illustrator sells to a publisher some or all rights to a creative piece of work. Contracts spell out what rights are being surrendered, for how long, under what circumstances, and for what compensation. In publishing, contracts are also referred to as "Publishing Agreements."
An enforceable agreement, either in writing, oral, or implied
A legal bounding agreement between the seller and buyer of a property which binds both parties to complete the transaction.
Legal Document stating that the vendor has agreed to sell and the purchaser has agreed to buy the property and at what price. One copy is signed by the vendor and one by the purchaser. Once the contracts have been exchanged (see below), by the acting solicitors, the sale/purchase is legally binding. Conveyancer Specialist property lawyers, who deal with the legalities of buying/ selling a property. Conveyancing The process of transferring ownership of a property from the vendor to the purchaser. Back to the top Database Information stored on a computer in an ordered manner. Dependant Buyer A buyer who must sell his or her own property before he or she can buy another one. Deposits The deposit for the property- paid when contracts are exchanged.
An agreement to provide customer service support during specified coverage dates or for a specified number of cases or length of time. When customers contact customer service, the level of support they receive is determined by their contract.
A written agreement entered into between a person, organization or other entities and the Department to provide health care services to foster children.
A legal instrument which reflects a relationship between the Federal government and a State, a local government, or other person when the principle purpose of the instrument is to acquire property or services for the direct benefit or use of the Federal government. Also referred to as a "procurement contract".
An agreement to sell and purchase under which title is withheld from purchaser until such time as the required payments to the seller have been completed. Convey ... The act of deeding or transferring title to another.
A contract is a legally binding agreement between two or more cable persons. The agreement says that in return for a lawful and genuinely intended act a certain value will be placed. The contract must be in writing.
is an exchange of promises which gives rise to legally enforceable rights and duties. Contracts with the federal government are subject to an extensive body of law and regulations which governs, among other subjects, the manner of contract formation, terms and conditions, and remedies and sanctions available to the parties.
A formal agreement between purchasers and providers that specifies what services will be provided and the terms on which they will be provided.
A deliberate agreement, constituting an offer and an unconditional acceptance, between two or more competent persons to perform or not to perform a specific act or acts. A contract may be verbal or written. An offer, conveyed by a purchase order, when accepted by a supplier, becomes a contract. Similarly, a supplier's offer becomes a contract when accepted by the buyer. Acceptance may be either in writing or by performance, unless the offer requires that acceptance is in written.
The written legal agreement prepared in duplicate for respective signature by the Seller and the Buyer setting out all the legal rights and obligations agreed between them
Contract is the legal document that is employed by the buyers and sellers of the real estate in their negotiations, offer and counter offer.
An agreement between two or more people, or entities to do, or refrain from doing, something.
The formal legal document, also known as the "policy" that describes the agreement between the policyholder and the insurance company. This document contains the specific responsibilities of the policyholder and the insurance company in relation to the benefits provided under the contract.
An agreement, either oral or written to do or not to do certain things. In real estate, there are many different types of contracts, including listings, contracts of sale, options, mortgages, assignments, leases, deeds, escrow agreements, and loan commitments, among others.
A legal instrument reflecting a relationship between a federal agency and an IHE where the principal purpose is to acquire by purchase, lease, or barter-goods or services.
A written agreement between the buyer and the seller which legally binds both to the sale of the property upon conclusion of missives.
An agreement between an individual Subscriber or an employer group and a Health Benefit Plan that describes the duties of each party, including the benefits and limitations of the coverage. One Subscriber could have two contracts (policies) - one for health and one for dental. Can also be called a Benefit Certificate or Policy. The Contract may include more than one document, such as a master group policy, a Benefit certificate, amendments, policies and procedures, or applications.
A legally binding agreement between two or more people. Contracts may be written, oral, partly written, or partly oral, or implied by a person's behaviour. Contracts relating to land must be in writing.
A legal agreement between an individual subscriber or an employer group and a health plan that describes the benefits and limitations of the coverage. One subscriber may have coverage under two contracts e.g., one for health and one for dental. Contract or Subscriber contract may also be referred to as Benefit Certificate or Certificate of Insurance, Evidence of Coverage, Health Benefit Contract or Policy.
Agreement between competent parties to do (or not do) specific things for consideration. A valid contract for the sale of property must include: An offer and an acceptance Description of the property and supporting documentation Signatures by principals or their attorneys-in-fact
Legal enforceable agreement.
means any type of University agreement, regardless of what it may be called, for the Procurement or disposal of Goods or Services, and includes purchase orders.
The agreement that an insurer concurs to offer benefits, compensate losses or give services for an insured. The written statement of the terms of the contract is called as the “policy”.
A written-out agreement between the Dom/me & sub. It can be either formal or loving, and is usually written by the Dom/me outlining what is expected of the sub. It is NOT legally binding but should be taken seriously.
A legally binding document between two entities.
A promise or series of promises that are enforceable under the law.
The chief requirements for the formation of a valid contract are (1) parties having legal capacity to contract, (2) mutual assent of the parties to a promise, or set of promised, generally consisting of an offer made by one party and an acceptance thereof by the other, (3) a valuable consideration, (4) the absence of any statute or other rule making the contract void, and (5) the absence of fraud or misrepresentation by either party. A life insurance policy meeting these requirements qualifies as a contract.
legal agreement between the buyer and vendor of a property.
A document of agreement between a sponsor and the university by which the sponsor agrees to pay costs incurred for specific services or research goals.
A binding agreement between two parties, especially enforceable by law, or a similar internal agreement wholly within an organization, for the supply of software service or for the supply, development, production, operation, or maintenance of a software product.
The legal agreement between an insurer and an insured. It states that the insurer is legally required to make payments for coverages for which it has received premiums.
Legally binding agreement between the buyer and the seller of the property.
The name given to the legal agreement between owners and the purchasers of a property.
An agreement, enforceable by law, whereby the insurance company binds itself to certain promises or deeds conditioned on the payment of premiums due.
An agreement between competent parties in the performance of a legal consideration, whereby each party obtains a right to what the other owns.
Any type of documented agreement or order for the procurement or disposal of goods, services, construction or any other item which is binding on the contractor and the County. Unless specifically prohibited by Chapter 11B, contract types include: fixed-price, cost, cost-plus-a-fixed-fee, cost reimbursement or incentive; contracts may provide for the issuance of job orders, task orders, or task letters; contracts also include letter contracts, grants, purchase orders and contract modifications. All contracts must be in writing unless otherwise authorized by these regulations. A contract must include mandatory clauses.
A contract is a binding agreement between two and more parties. In the context of house buying, a contract is signed by both the buyer and the seller and then 'exchanged' between the respective solicitors, at which point the house sale is binding on both sides.
Agreement between Consumer(s) and/or VO(s) and/or Provider(s) expressed through Policies. Simplest contract is a consumer-provider match based on their policies.
The contract documents which collectively represent the entire agreement between the Project Owner and the Contractor, and which supersede any prior negotiations, representations, or agreements either written or oral.
This is the formal agreement between the buyer and the seller which contains all of the essential details of the sale and purchase including the names of the parties, property details and the price.
Legal document defining responsibilities for all parties concerned.
An agreement that is binding on all parties.
A Contract is an agreement between the commanders of two units that allows the commander of one to include the units of the other in his bidding for rights to a battle or trial. During the invasion of the Inner Sphere, Cluster commanders within Galaxies frequently made contracts to allow greater, and often more extravagant, bidding, while still maintaining a good mix of BattleMech, Elemental, and fighter combat units.
Agreement to purchase a futures instrument at a set price, spread and risk.
a legal agreement, e.g. to buy, to sell, to provide insurance, etc.; or to shrink or get smaller.
An agreement between two or more parties given receipt of lawful consideration to do or refrain from doing some act.
Means any written instrument used to document the terms and conditions of an agreement between two or more parties.
A legally enforceable promise or set of promises that must be performed and for which, if a breach of the promise occurs, the law provides a remedy.
a legal agreement between a ministry and a person or company whereby the ministry agrees to pay for services. A professional service contract involves professional or management consulting services where the primary output is the provision of advice, management feasibility studies, concept preparations, operational reviews or design (e.g., consultants could be experts in the fields of engineering, management, or finance). 6.2
a binding legal agreement between two or more parties that outlines the conditions for the exchange of value (for example: money exchanged for title to property).
a formal, written, legally binding form of communication (agreement). In forestry, a contract is recommended between a landowner and a logger before harvesting timber, and between a landowner and a Forester for any work expected to exceed several hundred dollars.
An agreement between two or more parties to do or not to do a certain thing.
A legally binding agreement between two or more persons or parties establishing specific terms and conditions for the working relationship between the signators.
A legal statement between a model and either his/her photographer, business, or agency that is representing him/her.
The seller retains the original mortgage and the buyer does not get title to the property until the loan is paid off. The buyer is given possession of the property and is said to have ``equitable'' title to the property, while the seller retains legal title. This is a seller-financing vehicle sometimes known as ``carrying the contract'' or ``carrying the paper.'' back to the top
An agreement between two parties, whether verbal or written. Offer and acceptance are the two key components of the contract. When you buy and sell things you have a legally binding contract.
An agreement between two or more parties to do or not to do certain things for the breach of which the law will give remedy.
A binding agreement or business arrangement between two or more parties for the supply of specified goods or services at a fixed price.
A document that describes the agreement under which the property will change hands.
The contract is the legal agreement between the seller and the buyer and which sets out the particulars of the property being sold, the details of the parties, the price and the completion date. It is document prepared by the seller's solicitor and approved by the buyer's solicitor.
A standard and legally binding agreement traded on the Exchanges allowing for the buying and selling of gold futures and options.
An agreement for the supply of goods or the performance of services.
A binding agreement between two or more parties; also the written or other evidence of such an agreement.
1) Unit of trading for a financial or commodity future. 2) Bilateral agreement between buyer and seller (parties) of a futures or options on futures transaction. Defined by the exchange.
A legally enforceable promissory agreement between two or more people that creates, alters, or terminates a legal promise to undertake stated obligations.
(1) A legally enforceable agreement, for Example an of lease or sale. (2) In terms of the Alienation of Land Act 68 of 1981, a 'contract' refers to a sale land on instalments where the purchase price is payable by the purchaser to the seller in more than two instalments over a period exceeding one year.
An agreement between two or more persons or entities that creates or modifies a legal relationship.
An agreement, either written or oral between two or more parties which defines the obligations and liabilities of the parties.
A binding agreement between two or more parties which creates an obligation for the parties to do or not do things named in the contract.
An exchange of oral or written promises between two or more parties to do or not do a particular thing, enforceable by law.
The formal document which when signed and exchanged binds the seller and buyer to each other to complete the transfer of the property. It normally includes details of the price, the parties, description of the property and any other terms.
An agreement between two or more parties for legal consideration
In the context of foreign exchange a contract is an agreement to buy or sell a specified amount of a particular currency.
Any agreement or purchase order for the purchase or disposal of commodities or services.
a mutually binding agreement in which the contractor is obligated to provide services or products and the buyer is obligated to provide payment for them. Contracts fall into three main categories: fixed price, cost reimbursable, or unit price. However contracts may contain elements from each.
An agreement to do or not to do a certain thing. It must have four essential elements - parties capable or contracting, consent of the parties, a lawful object, and consideration. A contract for sale of real property must also be in writing and signed by the party or parties to be charged with performance.
An agreement between two or more parties in which an offer is made and accepted, and each party benefits. The agreement can be formal, informal, written, oral or just plain understood. Some contracts are required to be in writing in order to be enforced.
An agreement by which the insurer agrees to provide certain benefits and/or services to the insured in exchange for consideration (premium payments).
An agreement between individuals, companies or other entities, which binds each party and is legally enforceable.
An agreement between two (or more) parties in which each promises to perform in some way. Contracts can be complex and should always be reviewed by an attorney. A contract may not be binding if not correctly drafted and executed .
It refers to a legal agreement between two parties.
The written agreement that sets out the terms agreed between the buyer and the seller. When both parties exchange contracts - usually a few weeks before completion - the deal becomes legally binding.
Entity: subtype of TRANSACTION An act accomplished by two or more interacting parties having different motivations and/or interests.
A term of reference describing a unit of trading for a financial or commodity future. Also, the actual bilateral agreement between the buyer and seller of a transaction as defined by an exchange.
A formal agreement made between the service provider and the client, covering agreed objectives, timing, and price.
An agreement between the University and another external entity to provide an economic benefit for compensation paid. Both the University and sponsor receive benefit from the contractual relationship.
A service agreement with a provider for a specified length of time. Early termination of a contract is often accompanied by a cancellation fee. Not applicable to prepaid
An agreement for the sale of property.
An agreement between parties, where each party has obligations. In order to be valid, a contract requires an offer, an acceptance of that offer and, in common-law jurisdictions, consideration.
a legal agreement between a school district and a supplemental educational services provider that describes rules and procedures, such as the schedule and length of services a provider promises to offer and the amount and timing of payments from districts to providers.
See Purchase and Sale Agreement. Covenents, Conditions & Restrictions (“CC&R'S”) Simply stated, CC&R's are the rules of living in a given neighborhood. They are recorded at the County courthouse against the property and apply to all homeowners within that neighborhood. Some examples might be restrictions on exterior paint colors or improvements, requirements to keep landscaping maintained and the like. CC&R's, when enforced by the Homeowners Association help protect the property values in a neighborhood.
The "Law of Contracts" specifies four requirements for the formation of a single contract: (1) parties of legal capacity; (2) expression of mutual consent of the parties to a promise, or set of promises; (3) a valid consideration; and (4) the absence of any statute or other rule declaring such agreement void. An insurance policy qualifies as a contract under the above definition.
a binding, legal document between you and the school board or college/university which states the conditions of employment; when you sign, you are legally bound to honor this agreement (a verbal agreement to accept a contract is also binding)
The legal document that spells out the collective bargaining agreement between the union and the employer.
A legally enforceable agreement between individuals or entities.
The legal agreement prepared by a solicitor to bind the seller and buyer to the sale of the property.
A legal document specifying work, scope, budget and time of performance; usually results in a tangible product.
Agreement usually on paper, between a Dominant and a submissive. Usually the terms of ownership of the submissive, by the Dominant, as well as major limits set by the submissive are outlined in the contract. The Dominant agrees to the terms on the contract and accept to respect them.
a legal agreement between a customer and a company (contractor), whereby the contractor agrees build something or provide a service within a defined cost and schedule, and the customer agrees to pay the cost when the product is delivered (contracts may have provisions for partial payments over the course of a long product delivery schedule)
Written agreement between contracting authority and contractor setting forth their obligations, including, but not limited to, the performance of the work, the furnishing of labor and materials, the basis of payment and other requirements contained in the contract documents.
An oral or written agreement to do or not to do a certain thing.
The written legal agreement between the seller and the buyer with regard to the property.
binding legal agreement between two or more parties that delineates the conditions for the exchange of value (example: money exchanged for title to property). *see Deposit Receipt
An agreement between two parties, which is legally binding under Law.
A formal agreement between parties, either written or oral.
A legally binding agreement of two or more parties or entities, which creates or modifies a legal relationship. Generally based upon offer and acceptance.
Known by various names, such as contract of purchase, purchase agreement, or sales agreement according to location or jurisdiction. A contract in which a seller agrees to sell and a buyer agrees to buy, under certain specific terms and conditions spelled out in writing and signed by both parties.
An agreement to buy or sell a specified amount of a particular currency or option for a specified month in the future (See Futures contract).
An agreement between two or more parties that is intended to be enforceable by the law. Contracts are usually written, but an oral (spoken) agreement can also be a contract. Some contracts (including contracts for the sale and purchase of land) must be in writing before the court will enforce them.
A legal agreement between two (or more) parties which details actions to be taken and payments to be made in respect of those parties. Also, in futures markets 'contract' is a term used to describe a unit of trading i.e. a futures contract.
A binding agreement between two or more parties for the doing or not doing of certain things. A contract of insurance is embodied in a written document called the policy.
A legal agreement between two parties or consideration. An insurance policy is a contract.
A legally enforceable agreement to do (or not do) a particular thing.
A legally binding agreement involving two or more people or businesses which states what the parties will or will not do.
In insurance, this is another name for the policy. With the completed and signed application attached, the issued life insurance or annuity policy forms a legally binding contractual agreement between the insurance company and the policyowner.
Unit of trading for a financial or commodity future. Also, actual bilateral agreement between the parties (buyer and seller) of a futures or options on futures transaction as defined by an exchange.
a written agreement between teacher and student that outlines specific behaviors and consequences.
agreement made at the outset of a co-counselling session concerning the extent to which the co-counselling partner will intervene in the client's session. (Free attention, Normal and Intensive)
A legally binding agreement between two parties. To have a valid contract for the sale of Real Estate there must be: an offer an acceptance competent parties consideration legal purpose written documentation description of the property signatures of the principals
The agreement between the buyer and seller that, once signed, binds both parties to the purchase and sale of the property. Each party signs a separate copy and the two copies are 'exchanged'. Usually followed by completion and a sigh of relief.
A promissory agreement between two or more persons (parties) that creates, modifies, or destroys a legal relation. An agreement, based upon sufficient consideration, to do or not to do a particular thing. A contract must be signed by the parties to the agreement.
This is an agreement which is legally binding. As well as in written form, a contract can also be a verbal agreement. In the case of the contract for the sale or purchase of a house, flat, etc., the contract will be in written form.
A written agreement spelling out such things as wages, promotions, job security, transfer rights, career ladders, pensions, and other benefits that must be followed by both the union and employer.
An agreement; as used here, an agreement that a specific research activity will be performed at the request, and under the direction, of the agency providing the funds. Research performed under contract is more closely controlled by the agency than research performed under a grant. (Compare: Grant.)
Written legal agreement drawn up by the vendors solicitor between both purchaser and vendor, setting the price terms and date for the property to complete.
An agreement between the Community and the participants concerning the performance of an indirect action establishing rights and obligations between the Community and the participants on the one hand, and between the participants in that indirect action, on the other.
Any written instrument or electronic document containing the elements of offer, acceptance, and consideration to which an agency is a party.
Legal document with all the terms of agreement between Artist and Buyer/Purchaser
the written covenant &/or verbal order ( and other documents ) agreed to and legally binding between the customer and supplier that specify requirements and conditions that must be met to successfully complete the work.
A written statement that records the mutually agreed promises of the contracting parties and which gives rise to legally enforceable rights and duties. Contracts generally outline very specific goals and requirements for a task to be completed by a certain date. They are subject to an extensive body of law and regulations which govern, among other subjects, the manner of contract information, terms and conditions, and remedies and sanctions available to the parties. Contract types may include: AEC Special Research Support Agreements; Cost-Plus-a-Fee contract; Cost Reimbursement Contract; Fixed Price Contract; Letter Contract; Prime contract; Subcontract (any contract entered into which relates to the performance of another contract. A contract for materials or equipment for use in performance of another contract or for the performance of a task required to be performed by another contract is a subcontract of the original contract.)
An agreement made between two or more parties and intended to be enforceable at law.
An agreement regarding mutual responsibilities between two or more parties.
A deliberate agreement, based upon legal consideration, between two or more parties who have legal capacity, to perform a legal act. A binding promise.
A contract is often called a procurement mechanism. The sponsor determines that a procurement contract is appropriate. The principal purpose is to acquire property or services for direct benefit or use of the sponsor. There are various types of contracts: Fixed Price Contract, Cost-reimbursement Contract, Time-and-Materials Contract, Labor-hour Contract, and variations of the following. (see also: Grant, Cooperative Agreement, Fixed Price Contract)
A private agreement entered into by two or more parties, and supported by valid consideration, wherein the parties agree to adhere to certain terms and conditions for an established period of time, or indefinitely.
An agreement between two or more parties, written or oral, to do or not to do certain things. It is strongly recommended that all contracts and/or agreements be only in written. Oral contracts and/or agreements are difficult to enforce.
The agreement between the employer and BCBSKC that contains all of the terms of coverage. The contract includes the certificate, the group application, the employee applications, and any amendments.
A legal document setting out the terms under which goods and services are provided and accepted.
A written or oral agreement.
An agreement between two or more parties, usually written down and enforceable by law .
An enforceable agreement, written or oral, between two or more parties who intend to do so, usually by offer, acceptance and giving up or gaining something of value, known as a consideration for the contract.
An agreement to do something, or set of promises between two or more parties that the law will enforce. Some contracts have to be in writing - eg, the sale of a house, loan and hire purchase contracts, sale of a car by a licensed dealer.
A legally binding and legally enforceable agreement.
As used herein denotes the document (for example, contract, memorandum of agreement or understanding, purchase order) used to implement an agreement between a customer (buyer) and a seller (supplier).
A legal agreement â€“ eg, between you and another party â€“ for the supply of goods or services such as a credit contract.
The legal agreement between two or more parties. This may take a wide variety of formal to informal formats and usually includes the proposal as an attachment.
Pact or agreement between two or more parties to do or not to do something. A contract may be legally enforceable.
A binding agreement made between two or more parties which is enforceable at law. It is constituted by the acceptance by one party of an offer made by the other. In England and Wales, but not in Scotland, a contract must include "Consideration". In purchasing terms, it must always specify the goods or services to be purchased, their price and the terms and conditions under which they are purchased.
(1) An agreement between at least two parties to buy or sell on certain conditions, a certain product, as a result of which a legal status concerning rights and duties of the parties exists. (2) A term of reference describing a unit of trading for a commodity.
An agreement, enforceable at law, between two or more competent persons, having for its object a legal purpose, wherein the parties agree to act in a certain manner.
An agreement between two or more people, or entities, that creates or modifies a legal commitment.
A legal agreement between competent parties who agree to perform or refrain from performing certain acts for a consideration. In real estate, there are many different types of contracts, including listings, contracts of sale, options, mortgages, assignments, leases, deeds, escrow agreements, and loan commitments, among others.
a voluntary agreement entered into by a juvenile, parents, and intake officer to settle the disposition of an offense
A legally binding agreement requiring offer, acceptance and consideration. Property transactions must be evidenced by deeds being properly executed: signed, sealed and delivered (exchanged) to be legally enforceable.
An agreement, for consideration, between competent parties to do or not do a certain thing. It is an agreement enforceable at law and as a general rule may be written or oral.
an agreement negotiated and entered into by two or more parties who exchange mutual promises to perform certain acts in accordance with the wishes of both parties.
an agreement made between the PR consultancy and the client covering areas of agreed objectives, timing, service levels and price.
A legal agreement between purchaser and seller, which binds both to complete the sale and purchase of the property. It is prepared in duplicate and each party signs a copy. When a solicitor exchanges (More)
The written agreement between the seller and the buyer to transfer ownership of the property.
The written form of an agreement, enforceable by law, between two or more people.
A written or verbal agreement between a client and a building contractor to do certain types of works.
A legally binding agreement (oral or written) between two or more persons regarding an exchange of some sort. A legally binding contract must include consideration passing between the parties, an intention on the part of all parties to be bound to the contract, a meeting of the minds of the parties as to the contents of the contract, and an element of clarity such that the terms of the contract may be interpreted, understood and enforced by a court.
The legal agreement between the company and the consultant
An understanding, usually in documentary form, between two bodies with separate legal existence, e.g. between an IT services department and an external supplier. Subject to specific legal interpretations. See also Agreement.
An agreement upon lawful consideration which binds the parties to a performance.
A contract is a binding agreement between the buyer and seller. In the context of house buying, after the contract is signed by both the buyer and the seller it is then 'exchanged' between the respective solicitors for a set completion date. At that point, the contract is legally binding on both parties.
Legal agreement between buyer and seller committing them to sell and buy the property for an agreed price.
The legal agreement that exists between Blue Cross and the subscriber, consisting of the certificate, the signed application for coverage and the Blue Cross Blue Shield of Michigan or Blue Care Network identification card.
A legal agreement between two parties promising a certain performance in exchange for a certain consideration.
a written agreement between Loyola College in Maryland, Inc. and a third party detailing the terms and conditions of a transaction between the two parties. The terms and conditions will include the compensation for the transaction, details of the transaction (purchase of goods, engagement of professional services, etc.) special considerations, the date when the transaction must take place, and the like. A purchase order is an example of a frequently occurring contract reduced to a reproducible form.
A written agreement that is binding between two or more parties, such as the county program and the service provider, or the offender and a day reporting center or reparative board. The contract outlines the responsibilities of each party during a specified period of time, and establishes the process and resources that will be used.
a legally binding arrangement or performance agreement for carrying out a specific service or procuring a product that entails specific obligations for both sponsor and recipient. Contracts are most often awarded by government agencies and by business and industry, rather than by foundations.
A contract is a set of terms that two parties freely agree to be mutually and legally bound by. Contracts have a fairly large set of requirements that they must satisfy before the courts will hold that they are legal and therefore binding on the parties. See also Licence
This is the agreement between the buyer and the seller. It sets out the main terms of what has been agreed such as the property, the price and the names of the parties. It also deals with the process if something goes wrong. Rather than making the buyer and the seller meet to sign the same contract, the seller's solicitor draws up two copies of the same contract, and each party signs their own copy. When both parties are ready to legally commit, the two contracts are then exchanged.
An agreement, either written or oral, to do or not to do certain things, taking into account a consideration.
Legal document - agreement. A procurement device to obtain for a price, a specified performance of an identifiable item under specified terms.
A written agreement, which will decide ownership of the property between the vendor (seller) and the purchaser (buyer).
A written, negotiated agreement, voted on by union members, that explains in detail your rights, job responsibilities, salary and benefits, and working conditions.
an agreement between two or more parties creating obligations that are enforceable or otherwise recognisable at law. (p. 249)
An enforceable agreement, either written, oral, or implied by the actions or intentions of the parties.
A written, dated, and signed agreement between two or more involved parties that sets out any arrangements on delegation and distribution of tasks and obligations and, if appropriate, on financial matters. The protocol may serve as the basis of a contract. (ICH)
An agreement between two or more persons that creates an obligation to do or not to do a particular thing.
In law, an agreement between two or more persons to do or not to do a specified thing in exchange for proper consideration. Also, the written evidence of such an agreement. To be enforceable under law, a contract must have: a) an expression of mutual agreement to do or not to do something, b) an offer and an acceptance by some word or act, c) competent parties, and d) agreeable by law (If a contract is made to do something that is criminal or wrongful to others, the contract is unenforceable).
A mutual agreement between the two parties which are involved in buying and selling property. E.G. an acceptable contract for sale contains: an offer, an acceptance, competent parties, consideration, legal purpose, written documentation, description of the property, signatures by principals.
See Project Agreement
A legally binding agreement between two or more people in which each promises to do (or not to do) something. Nobody can be bound by a contract to do something which is itself illegal. Contracts in business are usually made in writing, although verbal contracts can be just as binding. The terms of a contract can be express or implied. Express terms have been explicitly stated. Implied terms are those that it is reasonable to imply that the parties agreed to even though they did not â€œexpressâ€ them.
The legally binding agreement between the NJDOT and the Contractor setting forth the obligations of the parties thereunder, including but not limited to, the performance of the work, the furnishing of labor and materials, and the basis of payment. The Contract represents the entire and integrated agreement between the parties and supersedes all prior negotiations, representations or agreements, either written or oral.
An enforceable agreement--greater than $25,000, but excluding cooperative agreements--between an agency and a contractor for the acquisition of supplies and/or services.
An agreement between two or more persons, which creates an obligation to do a particular thing. The bulk of these cases involve owing money to someone for something (breach of contract.)
A promissory agreement between two or more persons that creates, modifies, or destroys a legal relation.â€ Blackâ€™s Law Dictionary.
A legally enforceable agreement between parties e.g exchanged when deposits are exchanged on the sale of a property
In the context of a house purchase, the contract is the legally binding agreement between the buyer and the seller.
A negotiated oral or written agreement setting forth the terms for an exchange of value between parties (which may be individuals or companies) and under which each party promises to perform an obligation. Certain terms, such as the obligations to be performed and the terms for setting price or compensation must be mutually understood, known in legal lingo as a "meeting of the minds," and promised to by the parties to form a legal contract. Example: A publishing contract in which a writer exchanges a manuscript for money. [See Meeting of Minds.
put at its simplest, a contract is an agreement between two or more parties, either written or verbal, that one party will do one thing in return for the other party doing another. Thus, an agreement that one person will give another persons goods or provide services in return for the other person paying them money would be a contract, as would an agreement for one person to perform a task in return for another person performing another task. For there to be a contract there needs to be three essential features - an offer by one party and an acceptance of that offer by another party linked to the passing from one party to the other of a consideration (e.g. money) in return for the act or product.
the agreement drawn up between the publisher and the author to confirm payment terms, royalty, respective responsibilities etc. at the point of acquisition.
A mutual agreement between two or more legal entities, which is enforceable at law.
A legal document where both parties receive "consideration". Such as a contractor receives payment while the owner receives a new home.
An established legally binding agreement between the county and one or more vendors in which the vendor agrees to provide certain supplies or services at a specified price or at a discount from price lists for a set period of time.
The formal written agreement between a writer and publisher that defines the rights and responsibilities of each party. The contract should spell out what rights the publication is buying, along with the deadline for the article; any kill fee; any extra material the editor wants the writer to provide, such as art or a sidebar; and other important terms.
A written, legally binding document that details the conditions of the agreement between the purchaser and the vendor.
An agreement between two or more parties. It does not have to be in writing to be enforceable and can be oral or even implied from the parties' conduct. However, to be enforceable the parties must intend that their arrangements shall give rise to a legal relationship (unlike, say, accepting a social invitation) and must give some value, not necessarily in money; this value is called consideration.
Legally enforceable agreement between two or more competent parties made either orally or in writing.
"An agreement between two or more persons, recognized by law, which gives rise to obligations that the courts may enforce ... A promise, or set of promises, which one person gives in exchange for the promise, or set of promises, of another person." Dukelow
An agreement can be made between the commanders of two units by which the commander of one may include the units of the other in his bidding for rights to a battle or trial. During the invasion of the Inner Sphere, Cluster commanders within Galaxies frequently made contracts to allow greater, and more extravagant, bidding, yet still maintain a good mix of BattleMech, Elemental, and Fighter combat units.
A legally enforceable agreement between two parties
A legally binding oral or written agreement between two parties.
the legal document between HPS and the group policyholder.
A mutually binding legal relationship obligating the seller to furnish supplies or services (including construction) and the buyer to pay for them.
An agreement to harvest and/or cart forest produce on behalf of the Department. Forestry Victoria
An agreement entered into by two or more legally competent parties who, for a consideration, undertake to do or to refrain from doing some legal act or acts.
A legal agreement between an individual Subscriber, or an employer group, and an insurance company describing the Benefits and limitations of coverage. One Subscriber could have two contracts (policies) - one for health and one for dental. This document can also be called a "Certificate" or "Policy."
A legally binding agreement made between two or more parties.
A contract is a legally-binding agreement between two or more parties to do or to deliver something on mutually agreed terms and conditions. Canadian federal law requires that contracts for the sale of real estate or the payment of commission to real estate professionals be in writing to be legally binding, hence, the "get everything in writing" dictum in real estate.
A legally binding agreement. There must be certainty, consideration and a mutual intention that the agreement should have legal effect. Generally a contract does not have to be in any particular form, an oral agreement may be binding.
Juridical convention set out in a legal form, by means of which one or more people commit themselves to providing someone else with something, to performing an act or to not performing an act.
An agreement to do something, or a set of promises between two or more parties that the law will enforce. Many contracts have to be in writing; for example, the sale of a real estate, or contracts to purchase a motor vehicle from a dealer and hire purchase contracts.
An agreement with specific terms between two or more persons or entities in which there is a promise to do something in return for a valuable benefit known as considerations. (http://dictionary.law.com)
A contract is an agreement between two or more parties which is enforceable. To be enforceable generally, there must be an offer by one party, an acceptance of that offer by the other party and "valuable consideration". Valuable consideration is what is given or done in return for the promise. The usual consideration given is money, goods or some promise to do something or refrain from doing something. A contract may be oral or in writing.
written or spoken agreement between two or more parties intended to be enforceable by law.
(1) An agreement between two or more parties, especially one that is written and enforceable by law (2) The writing or document containing such an agreement.
A legally binding agreement, with benefits and burdens flowing to all parties to the contract. In grant writing contracts can be used for different purposes: to commit two or more entities in a collaborative grant project; between a funding agency and the recipient.
The terms and conditions described herewith which are binding on both you and Orange for each phone you connect to the Orange Network.
A legally binding agreement between two or more parties, which creates or modifies a legal relationship. The formation of a contract is generally based upon offer and acceptance. Please note that all contracts are not the sameâ€¦ please read your contract carefully, and if you have any questions, contact an attorney at Donaghue & Chandler LLC for clarification.
agreement between two or more parties to buy or sell commodity, security, currency or index.
a legally enforceable agreement between vendor and buyer that is exchanged when the deposit is paid.
A legal agreement between purchaser and seller, which binds both to complete the sale and purchase of a property. It is prepared in duplicate, and a copy is signed by each party. When these contracts are exchanged by your solicitor, the obligation to buy or sell becomes legally binding.
The agreement between an insurance company and an insured. It states the legally enforceable obligations of the insurance company in return for the premiums it receives.
The legal document which transfers the ownership of the property from the seller to the buyer.
A legally-binding agreement between a vendor and a customer to provide Products, Services or Features in a specified quantity and quality, for a specified price, during a specified period of time. Contracts consist of Terms and Conditions. Contracts may be modified by an Addendum (or multiple Addenda).
The legally binding agreement specifying all of the detail of the house sale or house purchase. The contract legally commits both the buyer and the seller to the transaction. The house seller's conveyancing Property Lawyer draws up two copies of the same contract, and each party signs their own copy. When both parties are ready to legally commit, the two contracts are exchanged.
An agreement between two or more persons which create an obligation to do or not to do a particular thing.
Legally binding agreement for sale. In two identical parts, one signed by seller and one by purchaser. When the two parts are exchanged (exchange of contracts) both parties are committed to the transaction.
An agreement between persons which obliges each party to do or not to do a certain thing. The three requirements of a valid contract are an offer, an acceptance of that offer, and, in common law countries, consideration.
a contract is an obligation, such as an accepted offer, between competent parties upon a legal consideration, to do or abstain from doing some act. The essential elements of a contract are: an offer and an acceptance of that offer; the capacity of the parties to contract; consideration to support the contract; a mutual identity of consent; legality of purpose; and sufficient certainty of terms. Under the Government Contracts Regulations, a contract means a construction contract, a goods contract, a service contract or a lease entered into by or on behalf of Her Majesty by a contracting authority.
An agreement between two or more parties that creates or modifies an existing relationship.
Agreement for exchanging services, acts, deeds and rights for payment.
means this agreement between PMI and the Applicant including the Enrollment and Payment Authorization Form, the attached schedules, and any appendices, endorsements or riders. This Contract constitutes the entire agreement between the parties.
A legally binding promise (between two or more persons) that creates, modifies, or extinguishes a legal relation or duty.
This is the agreement between the Buyer and the Seller which sets out the terms of what has been agreed, such as a full description of the property and surrounding land included in the sale, the price agreed, the full names of the Buyer and the Seller, and will incorporate the fixtures, fittings and contents questionnaire referred to above together with details of what happens if things go wrong to protect both the Buyer and the Seller.
An agreement between two or more persons to do or not to do a particular thing: a meeting of the minds with a consideration.
A unit of trading in futures, similar to "round lot" in securities markets. Also, actual bilateral agreement between buyer and seller in a futures transaction.
n: a written agreement that can be enforced by law and that lists the terms under which the acts required are to be performed. A drilling contract may cover such factors as the cost of drilling the well (whether by the foot or by the day), the distribution of expenses between operator and contractor, and the type of equipment to be used.
(Domain: Customer Information) contract is a written agreement between two or more parties. Many companies use contracts to define the terms for doing business with other companies.
An agreement between two or more parties to do, or not to do a particular act.
A legally binding agreement between parties (individuals, businesses, governments, organizations, etc.) for goods or services at a specified price.
A formal agreement to do work for pay
Entered into by the vendor and purchaser of a property that only becomes binding on exchange of contracts, i.e. when both parties have signed the contract and the purchaser has handed over the agreed deposit (if any) to the vendor.
An Over the Counter (OTC) agreement done with FXDirectDealer to buy or sell a specified amount of a particular currency in return for a specified amount of another currency for settlement on a specified Value Date (normally the Spot Date). The contracted amounts are determined by the foreign exchange rate that the two parties contract to.
A legal agreement between a payer and a subscribing group or individual which specifies rates, performance covenants, the relationship among the parties, schedule of benefits and other pertinent conditions. The contract usually is limited to a 12-month period and is subject to renewal thereafter. Contracts are not required by statute or regulation, and less formal agreements may be made.
Document between two bodies (for example, with external suppliers) with separate legal existence
A signed agreement stating the conditions under which an arrangement will occur.
An agreement to win a certain number of tricks or points in a game or round. Cutthroat: Each player playing on his or her own.
A binding agreement between two or more parties stating specific terms and agreements. A contract of insurance is a written document known as a policy
In real estate parlance, the contract is the legal document by which buyer and seller make offers and counteroffers. The real estate contract describes the property, includes or excludes items in the property, names the price, apportions the closing costs between the parties and sets forth a closing date. When buyer and seller agree on terms and sign the same document, the property is said to be "under contract." More formally known as agreement for sale, purchase agreement or earnest money contract. Back
An agreement to acquire services that primarily benefit the sponsor. For an award to be considered a contract, it normally must contain all of the following elements: 1. Detailed financial and legal requirements must be included with a specific statement of work to be performed. 2. A specific set of deliverables and/or reports to the sponsor is required. 3. Separate accounting procedures are required. 4. Legally binding contract clauses must be included. 5. Benefits of the project accrue first to the sponsor, then to the university, then to the nation.
All types of State agreements, regardless of what they may be called, for the procurement, use, or disposal of supplies, services, professional or artistic services, construction, or real property or capital improvement leases, and including master contracts and contracts for financing through use of installment or lease-purchase arrangements.
Written or verbal agreement to perform or not perform a specific act.
An agreement for provision of goods and/or services, between two or more parties, intended to create a legal obligation between them and to be legally enforceable.
A contract is an agreement between two or more parties in which an offer is made and accepted
This is written legal agreement between a buyer and a seller which is prepared by a solicitor.
The written agreement between IDOT and the contractor setting forth the obligations of the parties, including but not limited to the performance of the work, the furnishing of labor and materials, and the basis of payment. The contract includes the invitation for bids, proposal, letter of award, contract form and contract bond, Specifications, Supplemental Specifications, Special Provisions, general and detailed plans, and any Agreements required to complete the construction of the work in an acceptable manner.
An agreement between two parties, usually taken to be enforceable at law.
A formal agreement between the buyer and the seller, usually prepared by a solicitor or licensed conveyancer, detailing the terms and conditions of the sale.
An oral or written promise to perform some act in the future.
an agreement between two or more persons that creates an obligation courts will enforce. A contract requires competent, assenting parties, a subject matter, and an exchange or promise. Some contracts are enforceable even though orally made.
An agreement between competent parties to do or not to do certain things for a consideration.
Legally binding agreement between CDE and another entity, public or private, for the provision of goods or services.
Agreement between two or more parties whereby each party promise to do, or not to do, something; a transaction involving two or more individuals, whereby each has reciprocal rights to demand performance of what is promised. Also see: Research Contract
An agreement between two or more parties upon lawful consideration, to do or retain from doing some act (if affecting real estate, it must be in writing).
The written agreement between the seller and the buyer of a property to transfer ownership.
a binding agreement between AC and client or parties; especially: one legally enforceable facility domain
An agreement, either written or verbal, between two parties.
Under English Law this is a written agreement drawn up by the solicitors that sets out the terms agreed between the buyer and the seller. When contracts are exchanged the deal becomes legally binding and a 10% deposit is paid, with the balance following on completion. Under Scottish Law missives are exchanged and completed after the initial unqualified offer is followed by unqualified acceptance.
A written agreement between you and the contractor stipulating the work to be performed, the salary or fees, and the time frame designated for substantial completion of the project.
A contract is a written agreement reached through collective bargaining which sets forth wages, hours, and other conditions of employment. The contract normally is for a term as short as one year and as long as three, but can be longer. At the end of such a term, a new contract is negotiated.
Written or oral promissory agreement between two or more persons, enforceable at law. A policy is a contract.
A contract is an agreement between two or more persons that is intended to be enforceable by law. It can be a written or a spoken agreement. The courts have rules about what is and what is not a contract. There are certain parts that are required for a legal contract. Simply stated: There must be a date, identification of the persons (parties), conditions of agreement between the parties, which are sometimes called mutual promises, and a consideration (reward for performance). Most often the consideration is money. There are many different types of contracts, but the necessary parts must always be there. There have been many situations, because of the actions of the parties (persons) that a contract was created when none was actually intended. The settlement of this kind of difficult situation is one of the many things that our court system is all about.
Legally binding agreements between (in this case) a government body and a TSO to provide services on behalf of the public body. A contract will specify the services to be provided and what the contractor is to be paid for providing them. It will also include provisions, in greater or lesser detail, setting out the legal obligations which each of the parties accepts in order to fulfil the purposes of the contract. Development funding - Investing in new organisations or new capacity in existing organisations to develop their ability to contribute to a funder's policy objectives. Evaluation - The assessment of the extent to which the programme has met its objectives: that is, has been effective, economical and efficient. There are two sorts of evaluation: summative and formative. Summative evaluation makes the assessment after the programme has been in operation for some time, or is complete, while formative evaluation assesses the programme as it is being put in place and during its early operation.
It is basically an agreement about to do something or not to do something. It can be oral or written.
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.
A life insurance policy is considered a legal contract between the insurer and the owner of the policy. Only the policy itself serves as the contract. Statements made by the agent and policy illustrations are not part of the contract of insurance. To Top
This is the document that sets out the details of the property being sold, the price and identifies the buyer and seller. It also contains conditions which deal with completion date, payment of deposit and balance of the purchase price. The buyer and seller will each sign one copy of the contract but their agreement is not binding on them until contracts are exchanged between their respective solicitors.
A binding agreement which outlines specific terms and performance guidelines between two or more parties, such as an agent and model or model and client.
A signed agreement in writing for the sale of land agreed between the buyer and seller containing all of the terms agreed between them.
Legally binding agreement committing the parties to the transaction
A legal instrument between two parties to do or not to do something; in reality, it must be in writing to be enforceable. Counter Offer:voids first offer and creates new offer.
any written agreement between the Department of Human Services (DHS) and another party describing rights, obligations and work or services to be performed.
A legally binding agreement between two or more parties in which there is usually an exchange of goods and/or services for compensation within a specific period of time.
A written document binding two or more parties to specific terms and agreements.
a legally binding agreement (in real estate, written) between two or more parties to do something or deliver something on mutually agreed terms and conditions (pages 159-81).
A legal agreement between entities that requires each to conduct (or refrain from conducting) certain activities. This document provides each party with a right that is enforceable under our judicial system.
A legally binding agreement in which one party makes an offer to perform certain acts, and another party accepts that offer in exchange for some kind of consideration. The consideration may be money but can be anything of value, such as information or documents.
An agreement enforceable at law, requiring full legal capacity on the part of the parties, contractual intention, agreement on all material items and the absence of various vitiating circumstances
An agreement between two or more parties enforceable by law. When applied to commodities, it is an agreement to accept or deliver a specific amount of the commodity on a certain date.
The legal agreement between a seller and a buyer of a property which describes the details of the property and the terms agreed
A legally binding document in which the buyer agrees to purchase specific property and the seller agrees to sell under stated conditions. Also called a contract for purchase and sale, purchase and sale agreement, binder, or earnest money contract.
an agreement made by two or more parties with the intention of creating a legal obligation between them.
A legally enforceable agreement between a Federal agency and an individual or an organization.
a legal document specifying the terms of the agreement between a willing buyer and a willing seller to transfer title of a property from one party to another; the contract sets out the price, mortgage amount, closing date and any special terms and conditions agreed to by the two parties.
An agreement between two or more parties with characteristics of mutual assent, competent parties, a valid consideration and legal subject.
is a written legal agreement entered into between two or more people that sets out the terms and conditions of the agreement between them
An agreement between two or more parties. In the context of this glossary, a contract refers to the owner-contractor agreement or the owner-architect agreement.
An agreement between your employer and your insurance carrier that typically describes the benefits of your dental plan.
Any legally binding agreement. On the sale of a house there are two identical copies, one signed by the buyers and the other by the seller. When exchanged, they are committed respectively to paying the purchase money and to transferring ownership.
The document agreement which specifies the terms of the inspections to be performed.
An agreement between two or more persons that creates, changes, or eliminates a legal relationship.
(1) A term of reference describing a unit of trading for a commodity future or option; (2) An agreement to buy or sell a specified commodity, detailing the amount and grade of the product and the date on which the contract will mature and become deliverable.
A written agreement that shows terms and conditions.
An agreement made between two or more persons, which is intended to be enforceable at law, and is constituted by the acceptance by one party of an offer made to him by the other party, to do or to abstain from doing some act. The offer and acceptance may either be expressed or inferred by indication in the conduct of the parties.
A contract is a legally binding agreement between the university and a sponsor to provide a service in return for compensation. Both the university and the sponsor receive benefit from the contractual relationship. A contract obligates the university to provide a product or service. It also obligates the sponsor to pay an agreed-upon amount for that product or service. All University of Iowa contracts must be signed by an authorized official. Contracts are processed by the Division of Sponsored Programs. For a sample University of Iowa standard industrial contract, click here.
is a legal agreement entered into between two or more persons, known as â€œparties to the contractâ€, whereby an offer is made and accepted
This is a legally binding, written document of agreement between two parties, approved by the solicitors or legal representatives on both sides and sets out the agreed terms by which both sides are committed to proceed to completion.
Agreement by which a person undertakes to do or not to do a certain thing.
A binding agreement that describes all the constraints that govern any conversation between two services; this includes all of the design-time constraints as well as the run-time constraints.
An agreement between the insurer and the insurance company that provides a legally enforceable obligation to provide benefit payments for all premium amounts received. Contract Bond: A bond used to guarantee the performance of a construction contract and the payment of all materials and labor bills.
Written agreement which may contain rates, routes, and/or provisions for specific services.
An agreement between competent parties to do or not to do a certain thing (must be a legal act and supported by legal considerations).
A mutually binding agreement, which obligates the Supplier to provide specified products and services, and the buyer to pay for them. A Supplier Contract is a legal relationship, subject to remedy in court if either party breaches it.
A legally binding promise, enforceable by law. An agreement between parties, with binding legal and moral force, usually exchanging goods or services for money or other consideration. All types of agreements, regardless of what they may be called, for the procurement or disposal of supplies, services, or construction. An agreement between a contracting authority and a person or business unit to provide a good, perform a service, construct a work, or to lease real property for appropriate consideration.
A legally binding agreement between 2 parties
An agreement by which right or acts are exchanged for lawful consideration. To be valid, it must be entered into by competent parties, must cover a legal and moral transaction, must possess mutuality, and must represent a meeting of minds.
A contract is a legally binding agreement between two or more capable persons for consideration or value, to do or not to do some lawful and genuinely intended act. If for the sale of real estate, it must be in writing.
The document you will be asked to sign to reflect the terms of your transaction which when exchanged will be legally binding on the parties.
oral or written agreement between two or more parties.
An agreement between two or more parties that is legally binding.
An agreement between two or more parties, in which each party gives up something of value in return for another thing of value and that creates by its terms enforceable obligations.
See Vendor Price Agreement.
A document of agreement between two parties valid under the law of the state.
A legal document between two parties confirming any sort of agreement such as terms of sale, employment or service.
A contract is a legally binding exchange of promises or agreement between parties that the law will enforce. Contract law is based on the Latin phrase pacta sunt servanda (literally, promises must be kept)http://links.jstor.org/sici?sici=0002-9300%28195910%2953%3A4%3C775%3APSS%3E2.0.CO%3B2-6&size=SMALL Hans Wehberg, Pacta Sunt Servanda, The American Journal of International Law, Vol. 53, No. 4 (Oct., 1959), p.775; access here at http://links.jstor.org/sici?sici=0002-9300%28195910%2953%3A4%3C775%3APSS%3E2.0.CO%3B2-6&size=SMALL JSTOR. Breach of a contract is recognised by the law and remedies can be provided.
In BDSM, a contract is an agreement, usually written, between the Dominant and submissive in a 24/7 or TPE relationship. It is the formal act of consent to the power exchange.