freedom of contract

freedom of contract
freedom of contract: a power or right to contract and freely determine the provisions of contracts without arbitrary or unreasonable legal restrictions esp. as guaranteed under the contract clause of Article I, Section 10 of the U.S. Constitution – called also freedom to contract, liberty of contract;

Merriam-Webster’s Dictionary of Law. . 1996.

freedom of contract
n.
The right to enter into contracts and agreements with others, guaranteed by Article I of the Constitution.

The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. . 2008.


freedom of contract
n. The right of individuals to consent to binding contracts without government intervention.

Webster's New World Law Dictionary. . 2000.

Look at other dictionaries:

  • Freedom of contract — is the freedom of individuals and corporations to form contracts without government restrictions. This is opposed to government restrictions such as minimum wage, competition law, or price fixing. The freedom to contract is the underpinning of… …   Wikipedia

  • freedom to contract — freedom to contract: freedom of contract Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …   Law dictionary

  • freedom of contract — UK US noun [U] LAW ► the right of a person or organizations to make formal agreements with others: »There are alternatives that are better than a minimum wage, which simply interferes with the freedom of contract between the worker and the… …   Financial and business terms

  • freedom of contract — A basic right reserved to the people by the Constitution (Art. I, No. 10) that a state cannot violate even under sanction of direct legislative act. Springfield Fire & Marine Ins. Co. v. Holmes, D.C.Mont., 32 F.Supp. 964, 987. See also impairing… …   Black's law dictionary

  • freedom of contract — A basic right reserved to the people by the Constitution (Art. I, No. 10) that a state cannot violate even under sanction of direct legislative act. Springfield Fire & Marine Ins. Co. v. Holmes, D.C.Mont., 32 F.Supp. 964, 987. See also impairing… …   Black's law dictionary

  • freedom of contract — Same as liberty of contract …   Ballentine's law dictionary

  • freedom of contract — a power of freely contracting and freely determining the provisions of contracts without arbitrary or unreasonable legal restrictions guaranteed as a natural right by United States federal and state constitutions called also liberty of contract …   Useful english dictionary

  • freedom of contract — noun The idea that individuals should be free to bargain among themselves the terms of their own contracts, without government interference …   Wiktionary

  • Freedom of association — is the individual right to come together with other individuals and collectively express, promote, pursue and defend common interests.Jeremy McBride, Foredoom of Association, The Essentials of Human Rights, Hodder Arnold, London, 2005, pg.18] The …   Wikipedia

  • contract — 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… …   Law dictionary

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