词条 | Drop dead date |
释义 |
In trade and contract law, a drop dead date is a provision added to a legal or trade act, such as a contract or a court order.[1] Such a provision sets a last-delay date (hence the name drop dead date) past which certain consequences will automatically follow, such as cancelling the contract, taking property or entering a judgment. In contract law, a typical drop dead date example is the contract for the baking of a birthday cake, where it is implied that a late delivery will constitute a material breach. In German and Swiss Law, this is called a "Fixgeschäft". Notes1. ^{{cite book|last=Gotts|first=Ilene Knable|title=The Merger Review Process: A Step-by-step Guide to U.S. and Foreign Merger Review|url=https://books.google.com/books?id=5sZZbtC_cBYC&pg=PA84|accessdate=20 September 2017|year=2006|publisher=American Bar Association|isbn=9781590316528|page=84}} {{DEFAULTSORT:Drop Dead Date}}{{Law-term-stub}} 1 : Contract law |
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