contract

contract
Noun: A term which is simple in its superficial aspect but actually difficult of succinct definition, since nothing less than the whole body of applicable precedent will suffice for the purpose of definition. Williston, Contracts 3rd ed § 1; summarily defined as an agreement upon sufficient consideration to do, or refrain from doing, a particular lawful thing. 17 Am J2d Contr § 1. For the purposes of the Uniform Commercial Code, "contract" means the total legal obligation which results from the parties' agreement as affected by the code and other applicable rules of law. UCC § 1-201(1 1). In popular speech, the word "contract" is frequently used as meaning the work done under a contract. Independent Bridge Co. v Aetna Casualty & S. Co. 316 Pa 266, 175 A 644, 96 ALR 549; a work or improvement for the prosecution of which public authorities have entered into a contract. Independent Bridge Co. v Aetna Casualty & Surety Co. 316 Pa 266, 175 A 644, 96 ALR 549. Within the meaning of the obligation of contract clause of the Federal Constitution, the term "contract" includes not only contracts as the word is ordinarily understood, but all instruments, ordinances and measures, by whatever name known, which embody the inherent qualities or purposes of valid contracts and carry like them their reciprocal obligations of good faith. 16 Am J2d Const L §§ 438et seq. Verb: To enter into a binding obligation of contract. See consideration; executed contract; executory contract; implied contract; parol contract; quasi contract.

Ballentine's law dictionary. . 1998.

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  • 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

  • Contract — • The canonical and moralist doctrine on this subject is a development of that contained in the Roman civil law. In civil law, a contract is defined as the union of several persons in a coincident expression of will by which their legal relations …   Catholic encyclopedia

  • 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

  • contract — CONTRACT. s. m. Paction, convention, traitté entre deux, ou plusieurs personnes portant obligation des contractants l un. envers l autre. Contract de bonne foy. contract civil. contract verbal, ou par parole. Contract par escrit. contract de… …   Dictionnaire de l'Académie française

  • contract — CONTRÁCT, contracte, s.n. Acord încheiat, ca urmare a înţelegerii intervenite între două sau mai multe persoane (fizice sau juridice), pentru crearea, modificarea sau stingerea (stinge) unor drepturi şi obligaţii în relaţiile dintre ele; act,… …   Dicționar Român

  • contract — [kän′trakt΄] for n. & usually for vt.1 & vi.1 [; kən trakt′] for v. generally n. [OFr < L contractus, pp. of contrahere, to draw together, make a bargain < com , together + trahere, to DRAW] 1. an agreement between two or more people to do… …   English World dictionary

  • Contract — Con*tract (k[o^]n*tr[a^]kt ), v. t. [imp. & p. p. {Contracted}; p. pr. & vb. n. {Contracting}.] [L. contractus, p. p. of contrahere to contract; con + trahere to draw: cf. F. contracter. See {Trace}, and cf. {Contract}, n.] 1. To draw together or …   The Collaborative International Dictionary of English

  • Contract J.A.C.K. — Contract J.A.C.K. Developer(s) Monolith Productions Publisher(s) …   Wikipedia

  • contract — n Contract, bargain, compact, pact, treaty, entente, convention, cartel, concordat designate an agreement reached after negotiation and ending in an exchange of promises between the parties concerned. Contract applies especially to a formal… …   New Dictionary of Synonyms

  • Contract J.A.C.K. — Contract J.A.C.K. Éditeur Sierra Entertainment Développeur Monolith Productions Date de sortie 11 novembre 2003 Genre FPS Mode de jeu Un joueur …   Wikipédia en Français

  • contract — Contract, Pactum, Contractus. Contracts et conventions redigées par escrit, Perscriptitiones, Syngraphae. Quand un tiers escrit un contract et obligation que deux autres sont ensemble, Syngraphum conscribere. Faire contracts et paction de quelque …   Thresor de la langue françoyse

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