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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

innominate term

Law; Contracts

Contractual term that may turn out to be either a condition (is integral to the contract) or a warranty (is incidental to the contract) depending on its effect on the injured or ...

inspection clause

Law; Contracts

Provision in a supply contract under which the customer has the right to test or inspect all goods upon delivery (or during manufacture) to detect defects in materials, ...

inspection report

Law; Contracts

An alternative term for certificate of inspection.

instruction to pay

Law; Contracts

Formal order from a first party to a second party to transfer a certain sum of money on account of the first party to a named third party.

installment contract

Law; Contracts

Type of contract (such as a contract for employment) that allows or requires performance by one or both parties, in installments or stages spread over a period. This is in ...

integration

Law; Contracts

1. General: Process of attaining close and seamless coordination between several departments, groups, organizations, systems, etc. 2. Companies: Merger of two or more firms ...

integration clause

Law; Contracts

Provision in contract documents that the subject agreement represents the complete and final accord between the contracting parties, and supercedes all associated oral agreements ...