commutative and independent contracts

commutative and independent contracts
Commutative contracts are those in which what is done, given, or promised by one party is considered as an equivalent to or in consideration of what is done, given, or promised by the other. Independent contracts are those in which the mutual acts or promises have no relation to each other, either as equivalents or as considerations

Black's law dictionary. . 1990.

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  • commutative and independent contracts — Commutative contracts are those in which what is done, given, or promised by one party is considered as an equivalent to or in consideration of what is done, given, or promised by the other. Independent contracts are those in which the mutual… …   Black's law dictionary

  • independent contracts — See also commutative and independent contracts …   Black's law dictionary

  • Independent contracts are those in which the mutual acts or promises have no relation to each other, either as equivalents or as considerations — See also commutative and independent contracts …   Black's law dictionary

  • independent contracts — See also commutative and independent contracts …   Black's law dictionary

  • Independent contracts are those in which the mutual acts or promises have no relation to each other, either as equivalents or as considerations — See also commutative and independent contracts …   Black's law dictionary

  • commutative contracts — are those in which what is done, given, or promised by one party is considered as an equivalent to or in consideration of what is done, given, or promised by the other. See also commutative and independent contracts …   Black's law dictionary

  • commutative contracts — are those in which what is done, given, or promised by one party is considered as an equivalent to or in consideration of what is done, given, or promised by the other. See also commutative and independent contracts …   Black's law dictionary

  • contract — An agreement between two or more persons which creates an obligation to do or not to do a particular thing. As defined in Restatement, Second, Contracts No. 3: A contract is a promise or a set of promises for the breach of which the law gives a… …   Black's law dictionary

  • contract — An agreement between two or more persons which creates an obligation to do or not to do a particular thing. As defined in Restatement, Second, Contracts No. 3: A contract is a promise or a set of promises for the breach of which the law gives a… …   Black's law dictionary

  • Concordat — • In general, a concordat means an agreement, or union of wills, on some matter Catholic Encyclopedia. Kevin Knight. 2006. Concordat     Concordat      …   Catholic encyclopedia

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