 |
Contract
Definition
|
|
| 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 Contract may be either unilateral, by which only one party is bound to act, or bilateral, by which all parties to the instrument are legally bound to act as prescribed. (also see: valid Contract)
next word in word list.
| | Avg. Rating : Not yet rated, be the first to provide a rating for this definition. |
|
 |
 

 |