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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

integration rule

Law; Contracts

Legal principle that where a contract document represents the complete and final accord between the contracting parties, all associated oral agreements and understandings are ...

intentional set-off

Law; Contracts

An arrangement between two enterprises in which the cost-benefit of a transaction between the two is valued for purposes of offsetting the net gain or losses derived from the ...

interchange agreement

Law; Contracts

A contractual arrangement that stipulates the terms of a temporary placement of equipment at the disposal of a sub-contracting agency or company in the conduct of a business ...

interest arbitration

Law; Contracts

Submitting those disputes for arbitration that arise from disagreement over what terms or conditions should be included in an agreement. See also rights arbitration.

inure

Law; Contracts

To become use to something unpleasant, usually through repeated exposure which is unable to be avoided. "Originally, he couldn't stand the smell coming from the factory across the ...

intermediate term

Law; Contracts

Contractual term the breach of which does not automatically discharge the innocent party from its obligations under the contract or entitle an injured party to damages. A court or ...

invitation for bid (IFB)

Law; Contracts

A part of the sealed bid process. Companies or government organizations give in-depth specifications for projects and invite contractors to bid their proposals for various ...