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| This dictionary contains: 8526 juridical terms |
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Voetstoots term
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Voetstoots termA term used to protect a seller in a contract of sale against defects he does not know about. It means "as it is" or "as it stands."
RELATED TERMS--------------------------------------
Term
1) Construction. Word; expression speech. 2) Contracts. This word is used in the civil, law to denote the space of time granted to the debtor for discharging his obligation; there are express terms resulting from the positive stipulations of the agreement; as, where one undertakes to pay a certain sum on a certain day and also terms which tacitly result from the nature of the things which are the object of the engagement, or from the place where the act is agreed to be done. For instance, if a builder engage to construct a house for me, I must allow a reasonable time for fulfilling his engagement. 3) Estates. The limitation of an estate, as a term for years, for life, and the like. The word term does not merely signify the time specified in the lease, but the estate also and interest that passes by that lease; and therefore the term may expire during the continuance of the time, as by surrender, forfeiture and the like. 4) Practice. The space of time during which a court holds a session; sometimes the term is a monthly, at others it is a quarterly period, according to the constitution of the court.
Seller
Contracts. One who disposes of a thing in consideration of money; a vendor
Contract
A negotiated oral or written agreement setting forth the terms for an exchange of value between parties (which may be individuals or companies) and under which each party promises to perform an obligation. Certain terms, such as the obligations to be performed and the terms for setting price or compensation must be mutually understood, known in legal lingo as a "meeting of the minds," and promised to by the parties to form a legal contract.
Sale
Contracts. An agreement by which one of the contracting parties, called the seller, gives a thing and passes the title to it, in exchange for a certain price in current money, to the other party, who is called the buyer or purchaser, who, on his part, agrees to pay such price.
SIMILAR TERMS--------------------------------------
Voetstoots clause
A clause used to protect a seller in a contract of sale against defects he does not know about. It means "as it is" or "as it stands."
PREVIOUS AND NEXT TERMS--------------------------------------
Veil of incorporation
The veil of incorporation is a the principle that a company has a legal personality and existence which is separated from its members and officers.
Voetstoots term
Voetstoots clause
A clause used to protect a seller in a contract of sale against defects he does not know about. It means "as it is" or "as it stands."
RELATED TERMS--------------------------------------
Term
1) Construction. Word; expression speech. 2) Contracts. This word is used in the civil, law to denote the space of time granted to the debtor for discharging his obligation; there are express terms resulting from the positive stipulations of the agreement; as, where one undertakes to pay a certain sum on a certain day and also terms which tacitly result from the nature of the things which are the object of the engagement, or from the place where the act is agreed to be done. For instance, if a builder engage to construct a house for me, I must allow a reasonable time for fulfilling his engagement. 3) Estates. The limitation of an estate, as a term for years, for life, and the like. The word term does not merely signify the time specified in the lease, but the estate also and interest that passes by that lease; and therefore the term may expire during the continuance of the time, as by surrender, forfeiture and the like. 4) Practice. The space of time during which a court holds a session; sometimes the term is a monthly, at others it is a quarterly period, according to the constitution of the court.
Seller
Contracts. One who disposes of a thing in consideration of money; a vendor
Contract
A negotiated oral or written agreement setting forth the terms for an exchange of value between parties (which may be individuals or companies) and under which each party promises to perform an obligation. Certain terms, such as the obligations to be performed and the terms for setting price or compensation must be mutually understood, known in legal lingo as a "meeting of the minds," and promised to by the parties to form a legal contract.
Sale
Contracts. An agreement by which one of the contracting parties, called the seller, gives a thing and passes the title to it, in exchange for a certain price in current money, to the other party, who is called the buyer or purchaser, who, on his part, agrees to pay such price.
SIMILAR TERMS--------------------------------------
Voetstoots clause
A clause used to protect a seller in a contract of sale against defects he does not know about. It means "as it is" or "as it stands."
PREVIOUS AND NEXT TERMS--------------------------------------
Veil of incorporation
The veil of incorporation is a the principle that a company has a legal personality and existence which is separated from its members and officers.
Voetstoots term
Voetstoots clause
A clause used to protect a seller in a contract of sale against defects he does not know about. It means "as it is" or "as it stands."
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This dictionary contains 8526 terms.
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