That which is not yet completed or finished. Contracts
are considered inchoate until they are executed by all the parties
who ought to have executed them. For example, a covenant which
purports to be tripartite, and is executed by only two of the
parties, is incomplete, and no one is bound by it. 2 Halst. 142.
Vide Locus paenitentiae.
Source: Bouviers Law Dictionary 1856 Edition
|A B C D E F G H I J K L M N O P Q R S T U V W X Y Z|