A situation where a sale will be consummated if certain stated conditions are satisfied. For example, Harry agrees to buy John's antique golf clubs if he is able to obtain sufficient funds as an advance from his credit card. … [Read more...] about CONDITIONAL SALE
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CONDUIT
A channel which allows something to flow, e.g. a river. May refer to business, e.g. a common carrier such as a telelphone company carrier numerous telephone calls. … [Read more...] about CONDUIT
CONDITION SUBSEQUENT
Under a contract, a condition which invalidates a contract if such an event occurs, e.g. a contract to deliver goods is cancelled if a party's delivery van is destroyed in an accident within 10 days after the contract is signed. … [Read more...] about CONDITION SUBSEQUENT
CONDITIONS OF CARRIAGE
The terms of your agreement to be transported, usually used to refer to the terms of an airline ticket. The conditions will cover baggage requirements, limitations on recovery for injury during a flight and more, some of which is on the ticket or provided at the point of purchase. … [Read more...] about CONDITIONS OF CARRIAGE
CONDITIONAL
Dependent upon something. A grant that is conditional on some condition being fulfilled. Law Dictionary - Alternative Legal Definition That which Is dependent upon or granted subject to a condition. Conditional creditor. Ia the civil law. A creditor having a future right of action, or having a right of action in expectancy. Dig. 50, 16, 54. Conditional stipulation. In the civil … [Read more...] about CONDITIONAL
