An agreement that is in anticipation of another subsequent contract that will supersede the terms of the earlier contract. In essence, the earlier contract is a commitment to a directly related to the formalization of a future agreement. With individual agreements, there may be a question as to whether such a preparatory contract is legally binding. The performance of a … [Read more...] about PREPARATORY CONTRACT
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PURVEYANCE
In old English law. A providing of necessaries for the king's house. Cowell. … [Read more...] about PURVEYANCE
PYKE, PAIK
In Hindu law. A foot-passenger ; a person employed as a night-watch In a village, and as a runner or messenger on the business of the revenue. Wharton. … [Read more...] about PYKE, PAIK
PURVEYOR
In old English law. An officer who procured or purchased articles needed for the king's use at an arbitrary price. In the statute 36 Edw. III. c. 2, this is called a "heignous nome," (heinous or hateful name,) and changed to that of "achar tor." Barring. Ob. St. 289. … [Read more...] about PURVEYOR
PYKERIE
In old Scotch law. Petty theft 2 Pitc Crim. Tr. 43. … [Read more...] about PYKERIE