I'm wondering about the specific meaning of the word 'term' when it's used in legal context. I want to understand its legal interpretation.
7 answers
Sat Jan 11 2025
In contract law, the word "terms" refers to the Terms of a Contract.
Sat Jan 11 2025
These terms encompass the conditions and warranties mutually agreed upon by the parties involved in the contract.
Sat Jan 11 2025
The specifics of these contract terms can be communicated either verbally or in written form.
Fri Jan 10 2025
Verbal communication may involve spoken agreements between the parties.
Fri Jan 10 2025
Written communication could include documents such as letters, emails, or formal contracts.