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Simple English definitions for legal terms

procurement contract

Read a random definition: business invitee

A quick definition of procurement contract:

A procurement contract is an agreement between two or more parties that creates obligations that can be enforced by law. It can be a written document that sets out the terms of the agreement, but the term "contract" can also refer to the legal relations resulting from the agreement. In simple terms, a contract is a promise that the law recognizes as a duty, and if that promise is broken, there are consequences.

A more thorough explanation:

A procurement contract is a type of contract that is used in the process of acquiring goods or services from an external source. It is a legally binding agreement between two or more parties that outlines the terms and conditions of the procurement process.

For example, a company may enter into a procurement contract with a supplier to purchase raw materials for their manufacturing process. The contract would specify the quantity, quality, and price of the materials, as well as the delivery schedule and payment terms.

Another example of a procurement contract is a government contract for the construction of a new building. The contract would outline the scope of work, the timeline for completion, and the budget for the project.

These examples illustrate how a procurement contract is used to establish a clear understanding between the parties involved in a procurement process. It helps to ensure that both parties are aware of their obligations and responsibilities, and provides a framework for resolving any disputes that may arise.

procurement | procurement of breach of contract

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JumpySubsequentDolphin
21:32
this child fell asleep on me
JumpySubsequentDolphin
21:32
im so uncomfortable
just push him off the entire seat
JumpySubsequentDolphin
21:34
LMAOOOO
JumpySubsequentDolphin
21:35
no he’s literally like 8 and he fully just put his head on my bicep and slept
JumpySubsequentDolphin
21:35
he has since moved
22:12
@SplitterusClitterus: me yesterday
gulc baby pls text me back... i miss you ...... :(
22:23
i just went into a discord vc and yelled "YALL I JUST GOT INTO J.M. SCHOOL OF LAW"
22:24
people were getting excited :sob:
22:25
then someone was like "what does jm stand for" and i was like .. well
AHHAHAHAHAHAHHAHAHAHAHAHAH
@JumpySubsequentDolphin: wait this is so cute, also where r u going
JOE MBIDEN
JumpySubsequentDolphin
22:39
@splitty Oregon!
oh yay for what thats so random
JumpySubsequentDolphin
22:45
haha my brother and sister in law live there
so cutie oregon is beatiful
soyalmondoatmilk
8:38
good morning! hoping waves will come our wave today
8:42
GW wave today?
8:57
There’s someone I found on here with the username threeoutchange and if my understanding is correct that’s a reference to the debut album by a pretty cool 90s-00s Japanese band called Supercar. I geeked a little
8:57
It could just be a baseball reference I don’t get though lol
Dkk
9:00
@renard99: also, the same band that does a song in the anime Eureka 7 which I watched when I was like idk, 12
9:00
Yeah! They are pretty good. Three Out Change is an awesome J-rock record
Dkk
9:01
I will probably not listen to them more but fun fact. Really random to start the day. An omen that the waves will be very random today.
Dkk
9:03
Fuck, reading the wikipedia now. Literal last song they did before they broke up was Storywriter. Wow.
9:05
That one is a masterpiece
9:05
My favorite song by them is Recreation
glovediedthisishismom
9:05
snowing
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