principal contract


principal contract
A contract entered into by the principals themselves, as distinguished from a contract in which one or both or all the principals are represented by an agent, or by agents.

Ballentine's law dictionary. . 1998.

Look at other dictionaries:

  • principal contract — see contract Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …   Law dictionary

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  • principal — prin·ci·pal 1 / prin sə pəl/ adj 1: being the main or most important, consequential, or influential their principal place of business the principal obligor 2: of, relating to, or constituting principal or a principal the principal amount of the… …   Law dictionary

  • principal and accessory contract — A contract is accessory when it is made to provide security for the performance of an obligation. Suretyship, mortgage, and pledge are examples of such a contract. When the secured obligation arises from a contract, either between the same or… …   Black's law dictionary

  • principal and accessory contract — A contract is accessory when it is made to provide security for the performance of an obligation. Suretyship, mortgage, and pledge are examples of such a contract. When the secured obligation arises from a contract, either between the same or… …   Black's law dictionary

  • principal — adj Chief; leading; most important or considerable; primary; original. Highest in rank, authority, character, importance, or degree. As to principal challenge principal contract principal obligation principal office principal vein, see those… …   Black's law dictionary

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  • Principal Officials Accountability System — (zh t|t=主要官員問責制), commonly referred to as the Ministerial system, sometimes the Accountability system, was introduced in Hong Kong by Chief Executive Tung Chee Hwa in July 2002. It is a system whereby all principal officials, including the Chief… …   Wikipedia


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