How Do You Spell SEVERABLE CONTRACT?

Pronunciation: [sˈɛvəɹəbə͡l kˈɒntɹakt] (IPA)

The spelling of "severable contract" is quite straightforward. "Severable" is spelled s-e-v-e-r-a-b-l-e, which is pronounced as /ˈsɛvərəbəl/. The word refers to a contract in which the different parts can be separated and enforced individually. This is often used in larger contracts, allowing parties to deal with specific issues separately rather than as a whole. Understanding the spelling and pronunciation of key legal terminology can help to ensure clarity and precision when writing or discussing legal matters.

SEVERABLE CONTRACT Meaning and Definition

1. A severable contract is a legally binding agreement that consists of several distinct and independent parts, such that a breach or termination of one part does not affect the validity or enforceability of the other parts. In other words, a severable contract is a contract that can be divided or separated into individual units, each of which is capable of standing alone as a separate contract.

   The key characteristic of a severable contract is that it contains multiple obligations or performances that can be performed separately. Each part of the contract is considered a separate agreement, and the failure to perform one part does not result in the entire contract becoming void or unenforceable.

   Severable contracts are commonly used in various commercial transactions where parties wish to allocate risks, responsibilities, and obligations to different entities or stages of the transaction. For example, in a construction contract, there may be separate provisions for different phases of the project, such as design, construction, and post-construction services. If one party fails to perform their obligations in one phase, it will not affect the enforceability of the other phases.

   In the event of a breach or dispute, a court may treat each part of the severable contract as an individual contract, and determine the rights and obligations of the parties accordingly. This allows for more flexibility and fairness in enforcing contracts, as parties are not unduly penalized for a breach in one aspect of the agreement.

Common Misspellings for SEVERABLE CONTRACT

• aeverable contract
• zeverable contract
• xeverable contract
• deverable contract
• eeverable contract
• weverable contract
• swverable contract
• ssverable contract
• sdverable contract
• srverable contract
• s4verable contract
• s3verable contract
• secerable contract
• seberable contract
• segerable contract
• seferable contract
• sevwrable contract
• sevsrable contract
• sevdrable contract

Etymology of SEVERABLE CONTRACT

The word "severable" comes from the verb "sever", which ultimately traces back to the Latin word "separare", meaning "to separate". In the context of a contract, a severable contract refers to an agreement that can be divided or separated into distinct parts or obligations. This allows each part to be performed independently without affecting the enforceability of the other parts. The term "severable contract" is derived from this idea of separating or dividing the contractual obligations.