An aleatory contract is an agreement whereby the parties involved do not have to perform a particular action until a specific event occurs. · The trigger events ...
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Jun 22, 2022 · An aleatory contract is a type of agreement that only requires action from the contracting parties if an uncertain, unforeseen or unpredictable ...
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Aleatory Contract — an agreement concerned with an uncertain event that provides for unequal transfer of value between the parties.
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Aleatory contracts are legally binding agreements that state that one of the parties doesn't have to act unless a certain event—such as death or an accident— ...
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Aug 25, 2022 · An aleatory contract refers to an agreement between two parties in which the parties do not have to perform any actions until a certain ...
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An aleatory contract is a contract where performance of the promise is dependent on the occurrence of a fortuitous event. In a typical aleatory contract, ...
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Aleatory contract is an agreement where the effect of which depends on an uncertain event. The promisor (i.e. the person who promises to perform a ...
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Sep 24, 2021 · An aleatory contract is an agreement in which one of the parties, or both the parties reciprocally, are uncertain as to their obligation to ...
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Sep 30, 2021 · In legal terms, an aleatory contract is a contract that depends on an uncertain event; in other words, it is a contract in which there is no ...
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Meaning of aleatory contract in English ... an agreement that is connected with an event that is not under someone's control , that may or may not happen, and of ...
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A contract is aleatory or hazardous when the promise of one of the parties is dependent on the occurrence of a fortuitous or uncertain future event.
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An aleatory contract is a contract whose execution or performance is contingent upon the occurrence of a particular event or contingency or an uncertain ...
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a contract whose performance by one party depends on the occurrence of an uncertain contingent event (but if it is contingent on the outcome of a wager it ...
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