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Simple English definitions for legal terms

contract to sell

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A quick definition of contract to sell:

A contract to sell is an agreement between two parties where one party agrees to sell a product or service to the other party at a later time. It is similar to a contract for sale, which is a legally binding agreement to transfer ownership of a product or service in exchange for payment. A contractual duty is a responsibility that is agreed upon in a contract, such as delivering the product or service on time or providing a certain level of quality.

A more thorough explanation:

Definition: A contract to sell is a legal agreement between two parties where one party agrees to sell a product or service to the other party at a future date. This contract outlines the terms and conditions of the sale, including the price, delivery date, and payment terms.

Example: John wants to sell his car to Jane. They both agree on the price and the delivery date, but they haven't exchanged any money yet. They sign a contract to sell, which outlines the terms and conditions of the sale. Once Jane pays John the agreed-upon amount, the contract will be fulfilled.

Explanation: The example illustrates a contract to sell between two parties for a car. The contract outlines the terms and conditions of the sale, including the price and delivery date. Once the buyer pays the seller, the contract will be fulfilled, and the sale will be complete.

Definition: Contractual duty refers to the legal obligation of a party to fulfill their responsibilities as outlined in a contract. This includes performing specific actions, providing goods or services, or making payments as agreed upon in the contract.

Example: Sarah hires a contractor to renovate her kitchen. The contract outlines the scope of work, the timeline, and the payment terms. The contractor has a contractual duty to complete the renovation according to the agreed-upon terms, and Sarah has a contractual duty to pay the contractor for their services.

Explanation: The example illustrates contractual duty in a construction contract. The contractor has a duty to complete the renovation according to the agreed-upon terms, and the homeowner has a duty to pay for the services rendered. Both parties are legally obligated to fulfill their responsibilities as outlined in the contract.

contract to satisfaction | contractual fault

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RebelMelodicLion
16:04
chat do we believe the lsa rumors that vandy will barely be admitting off the WL
CopticStrong
16:19
Yes and no
CopticStrong
16:20
They have a really small class size so
CopticStrong
16:20
In a waitlist heavy cycle they will hqve room i think
CopticStrong
16:20
chances of getting off the wl slim to none tho
16:23
ssense sale is here girls n gays
16:43
friday in the 4HL...you can really feel the pull of the weekend
Guys should i try and gaslight adcomms into accepting me :)
17:17
Don’t say this about vandy
17:17
I need hope
17:18
Like tbh what was the point of wl everyone like i dont get it
17:19
Yes @helllllwooooods
17:20
Im about to call vandy and ask about this i saw that on lsd
@CallHerDaddy: you only applied to two schools?
17:49
I got into Umiami
17:49
I dont want to go ther
17:58
i am the worst nu applicant bruh. i never did the initial interview and got the wl, and i never did the waitlist interview either lol
RebelMelodicLion
18:04
if someone does call vandy and asks pls lmk
@CallHerDaddy: give them a lap dance through the video interview, instant full ride
18:42
@Hellwoods2025: knew i loved you
@CallHerDaddy: <3
SuaveCrouton
22:38
Word on the street is vandy over admitted and so wont be drawing on much of the WL
22:41
Shhhhh @suave
22:41
We dont need that energy here
Any of y’all get hit with the back to back Cornell Rs
KnowledgeableRitzyWasp
22:49
had some pineapples and pistachios for a snack
KnowledgeableRitzyWasp
22:49
was really good
KnowledgeableRitzyWasp
22:49
just letting chat know
What materials are you all using to prepare for 1L? I've heard of Law Hub and Barbri. Do you recommend any?
im chillin until the teachers start teaching
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