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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

The National Court Register

Law; Contracts

The Legal act of National Court Register (KRS) of 20 August 1997 (Journal of Laws, 1997, No 121, Item 769 as amended) establishes uniform registration procedures, common for all ...

custody

Law; Contracts

1. The act or right of guarding, especially such a right granted by a court. 2. Care, supervision, and control exerted by one in charge. 3. The state of being detained or held ...

Force Majeure

Law; Contracts

Means any acts out of the control of man.

depletion

Law; Contracts

In taxation, a principle that allows the owner of a natural resource such as oil or gas to recover the capital cost of the property as the resource is used up.

fixed price contract with provision for re-determination of price

Law; Contracts

Alternative term for fixed price re-determinable contract.

fixed price incentive contract

Law; Contracts

Type of fixed price contract which provides for the adjustment of the contract price and profit. Amount of this adjustment is determined by a formula based on the relationship ...

fixed price contract with price escalation

Law; Contracts

Type of fixed-price contract which provides for upward revision of the stated contract price if certain price fluctuations (specifically defined in the contract) occur.