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LSDefine

Simple English definitions for legal terms

contract to sell

Read a random definition: common of digging

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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texaslawhopefully
22:30
@KnowledgeableRitzyWasp: That all sounds great. It sounds like it has fairly diverse cuisine for a smaller city
yeah there are so many good cuisines in ithaca
renard99
22:31
@lilypadfrog: that’s a pity I’da be liking them all
texaslawhopefully
22:31
Only food I’m going to miss for sure if I leave Texas is texmex
22:31
waspy hasnt had thai food in ithaca yet. ithaca thai is so good
^^^^ truuuuuu
22:32
there are two major thai places and they have very similar names bc a divorced husband and wife own them lol
22:32
personally i think taste of thai is better than taste of thai express but thats just me
i had pho tho and it was really good and huge portions
texaslawhopefully
22:32
Glad they have good Thai food, I love Thai food! Can’t wait to visit :)
22:33
when tex goes to ithaca i want to come
Dkk
22:34
Crying Tiger, best Thai dish.
damn im so hungry all i had today was a curry tonkatsu and buldak
and it was a lil baby noodle cup
vvv hungry
22:36
curry tonkatsu so yummeh
22:36
whats even open rn? pizza?
CTB is it i think
22:37
is collegetown pizza not open
22:37
i used to get a slice from there or wings over at like 1am after my shift at the restaurant
Dkk
22:48
Ross Ulbricht free. God Bless Trump. Huge win.
JeremyFragrance
22:54
agreed
texaslawhopefully
22:55
This is an interesting read: https://thedispatch.com/article/birthright-citizenship-trump-implications/
Dkk
23:01
I mean, idk how it's possible to end birth right citizenship without amending the constitution because to me the 14th amendment is pretty clear about it.
ross ulbricht tried to hire a hitman to kill 5 people
i am not that sympathetic to him
Dkk
23:04
@KnowledgeableRitzyWasp: That might have been an FBI agent. It was most likely him and he was most likely doing it to retrieve stolen funds that corrupt FBI agents stole, but yeah moral gray area but me personally, cool with hitmen. It's not like it is uncommon to hire hitmen. I don't think the action itself is necessarily wrong but the intent behind it can be.
Dkk
23:05
Like, Boeing whistblowers being killed by hitmen = wrong but a guy hiring hitmen to retrieve stolen funds = good to me.
texaslawhopefully
23:05
@Dkk: Yeah, for sure. My guess is it'll go to SCOTUS and it'll be 8-1 or 7-2, saying that EO was unconstitutional.
Dkk
23:06
Indeed. I need a count for how many exectuive orders he has signed and how many already have pending lawsuits.
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