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contract

This topic has 1 reply, 2 voices, and was last updated 8 years ago by MikeLittle.

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June 1, 2017 at 4:47 pm #389505
adarsh1997
Participant
- Topics: 646
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Hi Mike!
Could you please explain, what does “transaction biding in honour only” mean?
June 1, 2017 at 5:39 pm #389543
MikeLittle
Keymaster
- Topics: 27
- Replies: 23327
It means that the contract is not enforceable – the only pressure that you could bring to bear on the other party is to exclaim astonishment that they have decided to break their promise and not honour their side of the contract
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