Contractual Terms
A contractual term is "an provision forming part of a contract". Each term gives rise to a contractual obligation, breach of which can give rise to litigation. Not all terms are stated expressly and some terms carry less legal weight as they are peripheral to the objectives of the contract.
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Famous quotes containing the word terms:
“The research on gender and morality shows that women and men looked at the world through very different moral frameworks. Men tend to think in terms of justice or absolute right and wrong, while women define morality through the filter of how relationships will be affected. Given these basic differences, why would men and women suddenly agree about disciplining children?”
—Ron Taffel (20th century)