MLchartDataset catalogue

Condition

Term · Law · MLC-T-LAW-001157

A provision in a contract, will, or other legal instrument that creates, modifies, or extinguishes a legal obligation or right upon the occurrence or non-occurrence of a specified event. Failure to satisfy a condition can result in the termination of a contract or the forfeiture of a right. Conditions can be express or implied.

Table 1. Record
IdentifierMLC-T-LAW-001157
FieldLaw
Record as JSON 
{
  "id": "MLC-T-LAW-001157",
  "term": "Condition",
  "field": "Law",
  "definition": "A provision in a contract, will, or other legal instrument that creates, modifies, or extinguishes a legal obligation or right upon the occurrence or non-occurrence of a specified event. Failure to satisfy a condition can result in the termination of a contract or the forfeiture of a right. Conditions can be express or implied.",
  "url": "https://mlchart.com/terminology/law/condition/"
}

Record 994 of 5,441 in Law terminology (MLC-0107). Request the full dataset.