Latin, meaning No prescription runs against a person not able to act. … [Read more...]
CONTRACT TERMINATION
Referring to the end of the contract, as per its provisions. … [Read more...]
CONTRA PACEM
pleadings. Against the peace. 2. In actions of trespass, the words contra pacem should uniformly accompany the allegation of the injury; in some cases they are material to the foundation of the action. Trespass to lands in a foreign country cannot be sustained. 3. The conclusion of the declaration, in trespass or ejectment, should be contra pacem , though these are now mere … [Read more...]
CONTRACTING PARTY
A party to a contract. When written, one of the listed parties under the contract. A party is held liable to perform under a contract and must be competent to accept an offer. … [Read more...]
CONTRA PREFERENDUM
Also known as Verba Fortius Accipiuntur Contra Proferentem which is Latin for a contract is to be interpreted against the drafter. This typically refers to vague terms of questionable interpretation which should be interpreted against the drafter of the words and terms since the drafter was in the best position to make them clear. … [Read more...]