- executory contract to sell
- Contract under which something remains to be done by either party before delivery and passing of title. Martin v. John Clay & Co., Mo.App., 167 S.W.2d 407, 411
Black's law dictionary. HENRY CAMPBELL BLACK, M. A.. 1990.
executory contract to sell
Look at other dictionaries:
executory contract to sell — Contract under which something remains to be done by either party before delivery and passing of title. Martin v. John Clay & Co., Mo.App., 167 S.W.2d 407, 411 … Black's law dictionary
contract to sell — A contract whereby the seller agrees to transfer the property in goods to the buyer for a consideration called the price. 46 Am J1st Sales § 2. See executed contract of sale; executory contract of sale; land contract; sale … Ballentine's law dictionary
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 — 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
contract of sale — See contract to sell; executed contract of sale; executory contract of sale; land contract … Ballentine's law dictionary
executory — igˈzekyəˌtōrē, eg , ÷ kəˌ , tȯr , ri adjective Etymology: Middle English executorie operative, being in effect, putting into effect, from Late Latin executorius, exsecutorius putting into effect, from Latin executus, exsecutus (past participle… … Useful english 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 — contractee, n. contractible, adj. contractibility, contractibleness, n. contractibly, adv. n., adj., and usu. for v. 16 18, 22, 23 /kon trakt/; otherwise v. /keuhn trakt /, n. 1. an agreement between two or more parties for the doing or not doing … Universalium
leases and executory contracts — Executory contracts are contracts where obligations are yet to be performed by both parties. The bankruptcy code gives special treatment to unexpired leases and executory contracts by allowing the debtor, in many cases, to choose whether it wants … Glossary of Bankruptcy
