Definition of RESOLUTORY CONDITION


RESOLUTORY CONDITION

On which has for its object, when
accomplished, the revocation of the principal obligation; for example, I will
sell you my crop of cotton, if my ship America does not arrive in the United
States, within six months. My ship arrives in one month, my contract with you
is revoked. 1 Bouv. Inst. n. 764.




Source: Bouviers Law Dictionary 1856 Edition

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