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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

applicable convention

Law; Contracts

International treaty specified in a document or instrument that governs the legal implication of words and terms used in it and the applicable jurisdiction in case of a dispute. ...

application for payment

Law; Contracts

Written request for compensation, such as by a contractor to the owner of the project, for the work performed, goods delivered, or services rendered.

appointment

Law; Contracts

Principal's action that authorizes an agent to act on the principal's behalf. Disposing of a property, by exercising powers conferred for the purpose.

approved bidders list

Law; Contracts

List of contractors who have fulfilled the requirements of pre-qualification criteria. Such contractors are called qualified bidders or contractors.

backup data

Law; Contracts

1. Detailed information supporting a bid, estimate, or proposal. Also called support data. 2. Duplicate (redundant) copy of data saved during a backup session, and available as ...

bailee

Law; Contracts

A person who receives property by way of bailment.

bailment

Law; Contracts

Transfer of personal property by one party (the bailor) in the possession, but not ownership, of another party (the bailee) for a particular purpose. Such transfer is made under ...