severable contract |
Definition
Contract composed of several parts or clauses, such that it is possible to comply with each part or clause separately from the others. Failure to complete one or more part(s) of a severable contract does not necessarily constitute a breach of contract. Also, voidance by a court (called judicial voidance) of one or more parts of a severable contract does not necessarily constitute its total voidance. See also divisible contract.
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severable contract is in the Agreements & Contracts and Corporate, Commercial, & General Law subjects.
severable contract appears in the definitions of the following terms: divisible contract and partial settlement
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