- commutative contract
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commutative contract see contract
Merriam-Webster’s Dictionary of Law. Merriam-Webster. 1996.
commutative contract
Look at other dictionaries:
commutative contract — noun : a civil law contract in which each party gives and receives an equivalent * * * commutative contract, a contract in which each participant gives and receives an equivalent … Useful english dictionary
commutative contract — In civil law, one in which each of the contracting parties gives and receives an equivalent; e.g., the contract of sale. See contract … Black's law dictionary
commutative contract — In civil law, one in which each of the contracting parties gives and receives an equivalent; e.g., the contract of sale. See contract … Black's law dictionary
commutative contract — A contract which involves mutual and reciprocal obligations, and wherein the acts to be done and performed on one side form the consideration for those to be done and performed on the other. Hyde & Gleises v Booraem & Co. 16 Pet 169, 10 L Ed 928 … Ballentine's law dictionary
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
contract — An agreement between two or more persons which creates an obligation to do or not to do a particular thing. As defined in Restatement, Second, Contracts No. 3: A contract is a promise or a set of promises for the breach of which the law gives a… … Black's law dictionary
contract — An agreement between two or more persons which creates an obligation to do or not to do a particular thing. As defined in Restatement, Second, Contracts No. 3: A contract is a promise or a set of promises for the breach of which the law gives a… … Black's law dictionary
Social contract — This article is about the political and philosophical concept. For Rousseau s 1762 treatise on the concept, see The Social Contract. For other uses, see Social Contract (disambiguation). The social contract is an intellectual device intended to… … Wikipedia
do ut des — ˌdōˌu̇tˈdās noun Etymology: New Latin, I give in order that you may give : a commutative contract whereby something is given so that something may be received in return * * * do ut des «DOH uht DEEZ», Latin. I give that you may give (used of a… … Useful english dictionary
lesion — le·sion / lē zhən/ n [Anglo French, damage, injury, from Latin laesio, from laedere to injure] in the civil law of Louisiana: loss from failure to receive a threshold amount or value (as one half market value) for immovable property conveyed or… … Law dictionary
