divisible contract

divisible contract
A contract of which a part is susceptible of separate or independent treatment with respect to some particular right or remedy. 46 Am J1st Sales § 140. A contract, the performance of which is divided into different groups, each set embracing performances which are the agreed exchange for each other; in other words, on performance by one side of one of the successive divisions, the other party becomes liable for his performance of that division. 17 Am J2d Contr § 324; 46 Am J1st Sales § 140. A contract enforceable as to a part which is valid, although another part is invalid and unenforceable. 17 Am J2d Contr § 230. An insurance policy under which there may be recovery for the loss of one of several items covered by the policy, notwithstanding a breach of warranty or condition precludes recovery as to another item or items. 29 Am J Rev ed Ins § 283. See severability of contract.

Ballentine's law dictionary. . 1998.

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Look at other dictionaries:

  • Divisible contract — Divisible Di*vis i*ble, a. [L. divisibilis, fr. dividere: cf. F. divisible. See {Divide}.] Capable of being divided or separated. [1913 Webster] Extended substance . . . is divisible into parts. Sir W. Hamilton. [1913 Webster] {Divisible… …   The Collaborative International Dictionary of English

  • divisible contract — contract which may be separated into a number of independent subcontracts …   English contemporary dictionary

  • divisible contract — noun : a contract containing agreements one of which can be separated from the other so that one part may be valid or enforceable although another is void or so that a right may accrue on one and not on another …   Useful english dictionary

  • divisible contract — One which is in its nature and purposes susceptible of division and apportionment, having two or more parts in respect to matters and things contemplated and embraced by it, not necessarily dependent on each other nor intended by the parties so… …   Black's law dictionary

  • divisible contract — One which is in its nature and purposes susceptible of division and apportionment, having two or more parts in respect to matters and things contemplated and embraced by it, not necessarily dependent on each other nor intended by the parties so… …   Black's law dictionary

  • contract — con·tract 1 / kän ˌtrakt/ n [Latin contractus from contrahere to draw together, enter into (a relationship or agreement), from com with, together + trahere to draw] 1: an agreement between two or more parties that creates in each party a duty to… …   Law dictionary

  • divisible — di·vis·i·ble /də vi zə bəl/ adj: capable of being divided esp. into independent parts (as promises or interests) a divisible contract compare entire di·vis·i·bil·i·ty /də ˌvi zə bi lə tē/ n Merriam Webster’s Dictionary of Law …   Law dictionary

  • Divisible — Di*vis i*ble, a. [L. divisibilis, fr. dividere: cf. F. divisible. See {Divide}.] Capable of being divided or separated. [1913 Webster] Extended substance . . . is divisible into parts. Sir W. Hamilton. [1913 Webster] {Divisible contract} (Law), a …   The Collaborative International Dictionary of English

  • Divisible offense — Divisible Di*vis i*ble, a. [L. divisibilis, fr. dividere: cf. F. divisible. See {Divide}.] Capable of being divided or separated. [1913 Webster] Extended substance . . . is divisible into parts. Sir W. Hamilton. [1913 Webster] {Divisible… …   The Collaborative International Dictionary of English

  • divisible contracts — The effect of the breach of a contract depends in a large degree upon whether it is to be regarded as indivisible or divisible; i.e. whether it forms a whole, the performance of every part of which is a condition precedent to bind the other party …   Black's law dictionary

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