SPECIAL CONTRACT Meaning and
Definition
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A special contract, also known as an individual contract, refers to an agreement or arrangement between two or more parties that deviates from the standard terms and conditions typically found in ordinary contracts. Unlike general contracts, which are typically regulated by statutory provisions or established laws, special contracts are custom-tailored and crafted to meet the specific needs and requirements of the parties involved.
This type of contract often arises when the parties involved desire particular conditions, specifications, or unique arrangements that are not provided for in standard agreements. Special contracts can cover a wide range of legal relationships, such as employment contracts, real estate agreements, construction contracts, and more.
The essential characteristic of a special contract is its personalized and tailor-made nature. It is individualized to suit the parties' specific goals, preferences, and circumstances. By allowing parties to negotiate and include distinct terms and provisions, special contracts provide flexibility and are often aimed at achieving a mutually satisfying outcome.
When entering into a special contract, it is crucial for all parties involved to clearly define and understand the customized terms, obligations, rights, and responsibilities they are agreeing to. This prevents misunderstandings and potential disputes that may arise from the unique nature of the agreement.
Overall, a special contract is a legally binding agreement that is distinct from standard contracts, as it incorporates provisions designed to address the individual needs and desires of the parties involved, offering a level of adaptability and customization that ensures their particular interests are met.
Common Misspellings for SPECIAL CONTRACT
- apecial contract
- zpecial contract
- xpecial contract
- dpecial contract
- epecial contract
- wpecial contract
- soecial contract
- slecial contract
- s-ecial contract
- s0ecial contract
- spwcial contract
- spscial contract
- spdcial contract
- sprcial contract
- sp4cial contract
- sp3cial contract
- spexial contract
- spevial contract
- spefial contract
Etymology of SPECIAL CONTRACT
The term "special contract" does not have a unique etymology of its own, as it is a combination of two distinct words: "special" and "contract".
- Special: The word "special" originated from the Latin word "specialis", which means "particular" or "specific". It was derived from the Latin word "species", meaning "kind" or "sort". Over time, the meaning evolved to refer to something specific or distinctive.
- Contract: The term "contract" comes from the Latin word "contractus", derived from the verb "contrahere", which means "to draw together" or "to bring together". It refers to an agreement between two or more parties that creates an obligation to perform or not perform certain actions.
When combined, "special contract" refers to a unique or specific agreement that deviates from the standard or general terms of a contract.
Similar spelling words for SPECIAL CONTRACT
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