common-law bond
common-law bond (1)普通法保函 公共工程项目承包商在法定的最低担保要求之外提供的履约保函。 (→performance bond) (2)普通法上的约束 １指凡作成文书加盖印章后应受其约束，从而应尽之义务；２对公务员而言，即使宪法及法规均无要求提供保证之规定，但在其自告奋勇，保证执行某项任务时，即应受其约束。
Search Results for: common-law bond
performance bond
performance bond. 1. A bond given by a surety to ensure the timely performance of a contract. • In major international agreements, performance bonds are typically issued by banks, but sometimes also by insurance companies. The face amount of the bond is typically 2% of the value of performance, but occasionally as much as 5%.
common law bond
A performance bond given by a construction contractor. • A common-law bond exceeds the requirements of a statutory performance bond because it provides additional coverage for construction projects. Cf. PERFORMANCE BOND. [Cases: Principal and Surety 65, 66(1). C.J.S. Principal and Surety §§ 70, 72–73, 75.]
statute staple
statute staple. Hist. 1. A 1353 statute establishing procedures for settling disputes among merchants who traded in staple towns. • The statute helped merchants receive swift judgments for debt. Cf. STATUTE MERCHANT. 2. A bond for commercial debt. • A statute staple gave the lender a possessory right in the land of a debtor who
husband
husband. A married man; a man who has a lawful wife living. • Etymologically, the word signified the house bond, the man who, according to Saxon ideas and institutions, held around him the family, for which he was legally responsible. [Cases: Husband and Wife 1.] common-law husband. The husband in a common-law marriage; a man