aAn option is a contract between two parties-a buyer and a seller-that gives the buyer the right, but not the obligation, to purchase or sell something at a later date at a price agreed upon today. The option buyer pays the seller a sum of money called the price or premium. The opti...
aForward contract is a contract between two parties in which a buyer agrees to sell a sum of money or product on a future date in exchange for something in return and the parties reach their agreement without the involvement of a future exchange or clearinghouse. 期货契约是一个合同在买家在一...
This crystallises the contract for both parties, stopping the stronger party from modifying the contract subtly at some later stage. To some extent, this redresses the imbalance of power between provider and customer in the offering of a form contract. The lesser party has no option to negotiat...
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Acontract between two parties may be accompanied by a collateral contractbetween one of them and a third person relating to the same subject-matter. Forexample: ShanklinPier v Detel Products [1951] 2 KB 854. The plaintiffs had employed contractorsto paint a pier. They told them to buy pain...
12、requesting for performance, and not require supplier to confirm; but supplier delayed to perform, is there a contract between two?A delivery accepted by one factory, although the delivered quantity is exceeding the PO requirement; but in the payment stage, the factory declined to pay the ex...
The content of the relationship derives not from bargaining between the parties but from the fiat of the large enterprise often offset by the fiat of some government agency. In a sense, the socially regulated contract of adhesion seeks to eat the cake of bureaucratic rationality while having, ...
An options contract is an agreement between two parties for a potential transaction on an underlying security at a preset price, called the strike price, before or on the expiration date. What Is an Options Contract? An options contract is a financial agreement that grants the buyer the right...
A breach of contract is when one party breaks the terms of an agreement between two or more parties. This includes when an obligation that is stated in the contract is not completed on time—for example, you are late with a rent payment—or when it is not fulfilled at all, such as a...