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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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Contributors in Law

Law > Contracts

avoidance of contract

Law; Contracts

Legal cancellation (frustration) of a contract when it is impossible to continue, or inequitable to force its performance. All the parties to the contract are thereby released ...

award

Law; Contracts

1. Acceptance of a bid or proposal for a contract. 2. Written decision of a court or arbitrator.

award letter

Law; Contracts

An alternative term for letter of award.

award of contract

Law; Contracts

This is an alternative term for contract award.

award-term contract

Law; Contracts

During the course of which the contractor's performance is measured periodically against specified benchmarks. Continuation of the contract is allowed so long the contractor meets ...

awarding authority

Law; Contracts

An entity that awards a prime contract.

hereunder

Law; Contracts

In a section following. Some legal documents say "in the terms specified hereunder…", referring to the terms and guidelines of the arrangement which are outlined in the following ...