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Real estate
Of or pertaining to property of land and the buildings on it. This also includes any minerals, crops, or any other natural resource. The business of real estate is the buying, selling, or renting property.
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impossibility of performance
Law; Contracts
1. UK: Impossibility is generally not an excuse for performance of a contract, and the obligor is liable for damages. However, if an event (beyond the control of either party) ...
implosion of bill of materials
Law; Contracts
Process in which the requirements of a top-level or higher-level object or plan are determined from the consolidated requirements of the lower-level (sub) objects or plans. For ...
impracticability
Law; Contracts
Situation where the performance of a duty (although not impossible) becomes excessively more difficult or expensive than it could have been anticipated. See also impossibility.
incentive-type contract
Law; Contracts
Fixed price or cost reimbursement contract in which a target cost, price, or fee (profit) is used as a point of departure for various monetary-incentives (subject to a maximum ...
incumbency certificate
Law; Contracts
An official document that identifies and authorizes certain individuals to execute binding agreements on behalf of the corporation. The certificate acts as confirmation that the ...
Sub-categories
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- Commercial (226)
- Contracts (13098)
- Corporate (746)
- Home improvement (1576)
- Mortgage (522)
- Residential (169)