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2. GSA Memo Orders Cancellation Or Justification Of ‘Non ... - AOL

   www.aol.com/gsa-memo-orders-cancellation...

   Jessica Tillipman, an expert on government procurement at George Washington University Law School, said government contracts typically include clauses allowing the government to cancel.

3. Rescission (contract law) - Wikipedia

   en.wikipedia.org/wiki/Rescission_(contract_law)

   First, where a party to a contract exercises an express right of termination, he or she is sometimes said to have exercised a right to rescind the contract. Secondly, where a party is faced with a repudiation, the party can elect to terminate the contract; this too has often been referred to as an election to rescind. "Rescission" at common law.

4. G. L. Christian and Associates v. United States - Wikipedia

   en.wikipedia.org/wiki/G._L._Christian_and...

   Under this clause, the contractor could claim a profit allowance for work it already had performed, but not for anticipated profits. However, the company argued that because the Army had failed to include this termination for convenience clause in the contract, the Army's cancellation of the project constituted a breach of contract. The ...

5. United States contract law - Wikipedia

   en.wikipedia.org/wiki/United_States_contract_law

   Contract law regulates the obligations established by agreement, whether express or implied, between private parties in the United States. The law of contracts varies from state to state; there is nationwide federal contract law in certain areas, such as contracts entered into pursuant to Federal Reclamation Law.

6. Termination for convenience - Wikipedia

   en.wikipedia.org/wiki/Termination_for_convenience

   A termination for convenience clause, or "T for C" clause, [1] enables a party to a contract to bring the contract to an end without the need to establish that the other party is in default, for example because the client party's needs have changed, or in order to arrange for another party to complete the contract.

7. Common real estate contingencies and what they mean - AOL

   www.aol.com/finance/common-real-estate...

   A contingency clause in a real estate purchase agreement specifies an action or requirement that must be met, within a particular time frame, for the contract to become legally binding. Both the ...

8. Illusory promise - Wikipedia

   en.wikipedia.org/wiki/Illusory_promise

   Illusory promises are so named because they merely hold the illusion of contract. For example, a promise of the form, "I will give you ten dollars if I feel like it," is purely illusory and will not be enforced as a contract. It is a general principle of contract law that courts should err on the side of enforcing contracts. [1]

9. Contract - Wikipedia

   en.wikipedia.org/wiki/Contract

   The test of whether a clause is severable is an objective test—whether a reasonable person would see the contract standing even without the clauses. Typically, non-severable contracts only require the substantial performance of a promise rather than the whole or complete performance of a promise to warrant payment.