accessory contract:
(1836)
1. A contract entered into primarily for the purpose of carrying out a principal contract; especially, a contract entered into for the purpose of obtaining by surety, mortgage, etc. the fulfillment of the provisions of an earlier contract. * The principal types are suretyship, indemnity, pledge, warranty, and ratification. Cf. principal contract.
References:
Disclaimer: All material throughout this website is pertinent to people everywhere, and is being utilized in accordance with Fair Use.
[1]: Black’s Law Dictionary Deluxe Tenth Edition by Henry Campbell Black, Editor in Chief Bryan A. Garner. ISBN: 978-0-314-61300-4
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Back to Contract Law and Types of Contracts
Legal Precepts Adopted (from Europe) into The U.S. Constitution
§ § of Law Embedded into the Constitution Pursuant to the American Revolution
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