waiver of contract

waiver of contract
A voluntary and intentional relinquishment or renunciation of a contract right by some positive act or omission inconsistent with the existence of such right. Long v Clark, 90 Kan 535, 135 P 673.

Ballentine's law dictionary. . 1998.

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  • waiver — waiv·er / wā vər/ n [Anglo French, from waiver to waive]: the act of intentionally or knowingly relinquishing or abandoning a known right, claim, or privilege; also: the legal instrument evidencing such an act compare estoppel, forfeiture ◇ Acts… …   Law dictionary

  • CONTRACT — (Heb. חוֹזֶה, ḥozeh), in general law theory a legally binding agreement between two or more parties, in terms of which one party undertakes for the benefit of the other to perform or refrain from a certain act. As such, contract is the main… …   Encyclopedia of Judaism

  • waiver of tort — in English law a plaintiff can, instead of seeking damages for a wrong done, seek restitution of the gains made by the defendant. Some torts can be waived, like trespass and deceit, and others cannot. The defendant, on authority, has to have… …   Law dictionary

  • waiver — The intentional or voluntary relinquishment of a known right, or such conduct as warrants an inference of the relinquishment of such right, or when one dispenses with the performance of something he is entitled to exact or when one in possession… …   Black's law dictionary

  • waiver — The intentional relinquishment of a known right, claim, or privilege. Phillips v Lagaly (CAIO Okla) 214 F2d 527, 50 ALR2d 626; Smith v Smith, 235 Minn 412, 51 NW2d 276, 32 ALR2d 1135. A voluntary and intentional relinquishment of a known and… …   Ballentine's law dictionary

  • Waiver — The voluntary action of a person or party that removes that person s or party s right or particular ability in an agreement. The waiver can either be in written form or some form of action. A waiver essentially removes a real or potential… …   Investment dictionary

  • Contract — law …   Wikipedia

  • Contract (BDSM) — In BDSM, a contract is an agreement, usually written, between the dominant and submissive in a 24/7 or Total Power Exchange (TPE) relationship. It is the formal act of consent to the power exchange. Some are very formal and will detail exactly… …   Wikipedia

  • Waiver Of Exemption — A provision in a consumer credit contract or loan agreement that permitted creditors to seize or threaten to seize specific possessions or property (typically those considered necessities) even if state law treated them as exempt from seizure. A… …   Investment dictionary

  • waiver clause — / weɪvə klɔ:z/ noun a clause in a contract giving the conditions under which the rights in the contract can be given up …   Dictionary of banking and finance

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