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Contracts

Contracts of all sorts.

Contributors in Contracts

Contracts

Agent

Law; Contracts

Party that has express (oral or written) or implied authority to act for another (the principal) so as to bring the principal into contractual relationships with other parties. An agent is under the ...

Affirmation of contract

Law; Contracts

1. Action (or a failure to take action) performed with full knowledge of the facts, that establishes a contract as valid. For example, a buyer of goods affirms a purchase price by proceeding to ...

Agency by estoppel

Law; Contracts

Legally binding agency relationship that may arise where, in fact, no formal agency agreement is in effect. A principal may give an appearance of agency relationship by, for example, furnishing his ...

Advisory and assistance services

Law; Contracts

These usually include architectural, engineering, or technical advise, analysis of the current policies, practices, and operations, assessment of systems requirements, training of employees, etc. ...

Advance payment bond

Law; Contracts

Guarantee supplied by a party receiving an advance payment to the party advancing the payment. It provides that the advanced sum will be returned if the agreement under which the advance was made ...

Advance commitment

Law; Contracts

An agreement or promise to take some type of future action, such as a promise by a buyer to purchase goods at a price that is set beforehand.

Administrative change

Law; Contracts

Written, unilateral change in the terms of a contract which does not affect the substantive rights of any party to that contract.

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