Ballentine's law dictionary. Anderson, W.S.. 1998.
mutuality — Reciprocation; interchange. An acting by each of two parties; an acting in return. Mutuality of contract means that obligation rests on each party to do or permit doing of something in consideration of other party s act or promise; neither party… … Black's law dictionary
mutuality — Reciprocation; interchange. An acting by each of two parties; an acting in return. Mutuality of contract means that obligation rests on each party to do or permit doing of something in consideration of other party s act or promise; neither party… … Black's law dictionary
Collateral estoppel — (CE), known in modern terminology as issue preclusion, is a common law estoppel doctrine that prevents a person from relitigating an issue. One summary is that once a court has decided an issue of fact or law necessary to its judgment, that… … Wikipedia
Arbitration clause — Contract law Part o … Wikipedia
Partnership — For the cricket term, see Partnership (cricket). A partnership is an arrangement where parties agree to cooperate to advance their mutual interests.[1] Since humans are social beings, partnerships between individuals, businesses, interest based… … Wikipedia
Specific performance — is an order of a court which requires a party to perform a specific act, usually what is stated in a contract. It is an alternative to award/ for awarding damages, and is classed as an equitable remedy commonly used in the form of injunctive… … Wikipedia
privity — priv·i·ty / pri və tē/ n pl ties [Old French privité privacy, secret, from Medieval Latin privitat privitas, from Latin privus private] 1: the direct connection or relationship between parties to a contract or transaction (as a purchase) privity… … Law dictionary
Creation of legal relations in English law — Business transactions are presumed to always carry intent to create legal relations, unlike social agreements. Creation of legal relations is a doctrine in English contract law that states an agreement is legally enforceable only if the… … Wikipedia
