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Law
Of or pertaining to the system of rules which a particular country or community recognizes as regulating the actions of its members and which it may enforce by the imposition of penalties.
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Law > Contracts
forward pricing
Law; Contracts
Projecting the variable costs in preparation for a budget or negotiations for a contract or order.
forward supply contract
Law; Contracts
Contract for definite quantities of goods or services to be supplied over a fixed period in the future.
formal contract
Law; Contracts
Contract made legally enforceable by following a prescribed format, and by incorporating standardized conditions and provisions in its body.
formal bid
Law; Contracts
Written bid, completed in conformance with a prescribed format, submitted in a sealed envelope to be opened on a specified date and time.
forfeiture of bond
Law; Contracts
Encashment or enforcement of a guarantee by its beneficiary under the terms of a guarantee agreement.
force majeure
Law; Contracts
Standard clause found in construction and supply contracts, it exempts the contracting parties from fulfilling their contractual obligations for causes that could not be ...
hell or high water
Law; Contracts
Absolute commitment, without a reciprocal promise or a contractual defense.
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