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Information for "Contracts/Collateral contract"

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Display titleContracts/Collateral contract
Default sort keyCollateral Contract
Page length (in bytes)7,316
Page ID20888
Page content languageen - English
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Page creatoren>Enochlau
Date of page creation09:03, June 18, 2005
Latest editorLost Student (talk | contribs)
Date of latest edit03:11, April 14, 2020
Total number of edits69
Total number of distinct authors41
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A collateral contract is usually a single term contract, made in consideration of the party for whose benefit the contract operates agreeing to enter into the principal or main contract, which sets out additional terms relating to the same subject matter as the main contract.[1] The collateral contract co-exists side by side.Template:Vague For example, a collateral contract is formed when one party pays the other party a certain sum for entry into another contract. A collateral contract may be between one of the parties and a third party.
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