Bargain
Term · Law · MLC-T-LAW-000677
An agreement between two or more parties, typically involving an exchange of promises or performances, forming the basis of a contract. It implies a mutual assent to the terms and conditions of the exchange. In contract law, a valid bargain requires consideration from each party.
| Identifier | MLC-T-LAW-000677 |
|---|---|
| Field | Law |
Record as JSON
{
"id": "MLC-T-LAW-000677",
"term": "Bargain",
"field": "Law",
"definition": "An agreement between two or more parties, typically involving an exchange of promises or performances, forming the basis of a contract. It implies a mutual assent to the terms and conditions of the exchange. In contract law, a valid bargain requires consideration from each party.",
"url": "https://mlchart.com/terminology/law/bargain/"
}
Record 476 of 5,445 in Law terminology (MLC-0107). Request the full dataset.