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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
fixed price contract with economic price adjustment
Law; Contracts
Type of fixed-price contract which provides for upward and downward revision (based on a price scale such as consumer price index) of the stated contract price.
fixed price contract
Law; Contracts
Contract that provides for a price which normally is not subject to any adjustment unless certain provisions (such as contract change, economic pricing, or defective pricing) are ...
firm quotation
Law; Contracts
Quoted price and conditions which remain unchanged for a specified expiration date. Firm quotations without any expiration date are deemed to expire automatically 30 days after ...
firm order
Law; Contracts
Order that is not subject to cancellation until a specified expiration date. Firm orders without any expiration date are deemed to expire automatically 30 days after the date of ...
firm offer
Law; Contracts
Irrevocable, written, and signed offer regarding the sale or purchase of specified goods or services at specified prices, and valid for a specified period. If no closing or ...
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