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LSDefine

Simple English definitions for legal terms

contract to satisfaction

Read a random definition: receipt clause

A quick definition of contract to satisfaction:

A contract is an agreement between two or more people that creates responsibilities that can be enforced by law. It can be a written document or just a verbal agreement. A contract can also be called a promise or a set of promises that the law recognizes as a duty. Sometimes people use the word "contract" to refer to the written document, but it's important to remember that the rules of law usually refer to the agreement itself, not just the writing.

A more thorough explanation:

A contract to satisfaction is a type of contract where one party agrees to perform a service or provide goods to another party, and the satisfaction of the second party is a condition for the completion of the contract. This means that the second party has the right to reject the service or goods if they are not satisfied with them.

For example, if a homeowner hires a contractor to paint their house, they may include a contract to satisfaction clause in the agreement. This means that the homeowner has the right to inspect the work and reject it if they are not satisfied with the quality of the paint job.

Another example is a wedding photographer who agrees to take photos of a couple's wedding. The contract may include a clause that the couple has the right to reject any photos they are not satisfied with.

These examples illustrate how a contract to satisfaction gives the second party the power to ensure that they receive the service or goods they expect. It also puts pressure on the first party to perform their best work to ensure that the contract is completed to the satisfaction of the second party.

contract to pledge | contract to sell

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