This Dictionary defines contracts and legal terms in easily understood English. In some cases, it gives an example of a situation to which the contract and legal term might apply in order to help illustrate the meaning. It would be a very useful addition to anyone's reference library. This Dictionary is a comprehensive source of meanings and use for thousands of today's most common contract and legal terms. Contract and Legal terms are presented in this Dictionary in a way that it should be understood by all.
Additional Info
  • Publisher: Laxmi Publications
  • Language: English
  • ISBN : 978-93-81159-75-0
  • Chapter 1

    CONTRACT Price 2.99  |  2.99 Rewards Points

    A Contract is an agreement enforceable at law, made between two or more persons, by which rights are acquired by one or more for acts or forbearances on the part of the other(s). The law is there to assist if the parties do not fulfil the duties they have voluntarily undertaken. Construction contracts are fundamentally different from major service contracts. There are various types of construction contracts. The choice of contract depends on the basis of pricing and the contract strategy that best meets the project objectives. These are various in types and offer different ways of handling pricing, risk transfer, responsibility for performance, cost certainty, and complexity.
  • Chapter 2

    STANDARD FORM OF CONTRACTS Price 2.99  |  2.99 Rewards Points

    Standard Form of Contracts are agreements that employ standardized, non-negotiated provisions, usually in pre-printed forms. These are sometimes referred to as “boilerplate contracts,” “contracts of adhesion,” or “take it or leave it” contracts. The terms, often portrayed in fine print, are drafted by or on behalf of one party to the transaction – the party with superior bargaining power who routinely engages in such transactions. With few exceptions, the terms are not negotiable by the consumer.
  • Chapter 3

    THE LEGAL FRAMEWORK Price 2.99  |  2.99 Rewards Points

    The description which follows is a general description intended to give a basic familiarity with the Court System. There are many exceptions to the general principles stated. There are two principal systems of law that operate in the world. These are: (i) Common Law (ii) Civil Law Common Law is the system used in the UK, the USA, Canada, Australia, India and most of the countries that were part of the British Empire. The Civil Law system is found in most of mainland Europe and in countries around the world associated with them. It is important to realize that the term ‘Civil Law’ is also used to denote both the ‘System’ and non criminal matters in Common Law Countries.
  • Chapter 4

    COURT SYSTEM Price 2.99  |  2.99 Rewards Points

    The Judiciary of India is an independent body and is separate from the Executive and Legislative bodies of the Indian Government. The judicial system of India is stratified into various levels. At the apex is the Supreme Court, which is followed by High Courts at the state level, District Courts at the district level.
  • Chapter 5

    ALTERNATE DISPUTE RESOLUTION Price 2.99  |  2.99 Rewards Points

    As the majority of stakeholder rely heavily on ADR to prevent or resolve claims and disputes. Frequently, multiple ADR techniques are designated by contract, with binding arbitration the forum of last resort if other techniques are unsuccessful. Litigation is simply too time consuming, costly and acrimonious for stakeholder. The ADR techniques discussed in this chapter have been widely used and accepted by the industry as effective ways to promptly reach practical solutions to the myriad claims and disputes that are a reality on every project. These techniques can be used sequentially to provide a comprehensive blueprint for management of claims and disputes. The techniques include informal, quick and cost effective procedures, and, those escalating in cost, formality, time and the level of hostility to full-blown litigation.
  • Chapter 6

    TERMS Price 2.99  |  2.99 Rewards Points

    This handy dictionary presents definitions and explanations that can be understood by Non-Legal Professionals. The terms are arranged in alphabetical order. • You can achieve far better negotiated results if you have a good understanding of what contracts and their terminology actually mean • You should never sign any contract unless you have read and understood what it aims to do and what the terminology means • Improve the ability of managers to communicate with and instruct legal and contracts personnel • Easy to carry with you • Gives you a reason to look away from your computers If you are the boss, or accountable for a contractual outcome, you must understand contracts and their meaning. When you understand what contracts mean you increase your control over the situation, your advisors, the other party, their advisors, and the negotiated outcomes.
  • Chapter 7

    ACRONYMS Price 2.99  |  2.99 Rewards Points

    ACRONYMS

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