mutuality of obligation
The agreement of both parties to a contract to be bound in some way. — Also termed mutuality of contract. See mutual assent under ASSENT. [Cases: Contracts 10. C.J.S. Contracts § 108.]
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The agreement of both parties to a contract to be bound in some way. — Also termed mutuality of contract. See mutual assent under ASSENT. [Cases: Contracts 10. C.J.S. Contracts § 108.]
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mutuality of obligation 债的相互性;合同义务的相互性合同中债权债务应具有相互性,即双方当事人都受合同的约束,否则双方都不受约束。如果一方当事人不受自己所作充当对价之允诺的约束,即缺少义务之相互性,则合同无效,不予执行,对方也不受约束。
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