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finality clause

Defined in 1 dictionary — Case Law

Definitions from Case Law

From 338 U.S. 457 - United States v. Moorman · 1950Most cited · 402 citing opinions

Findings of a contractually designated agent, even where employed by one of the parties, are conclusive, unless impeached on the ground of fraud, or such gross mistake as necessarily implied bad faith. The intention of parties to submit their contractual disputes to final determination outside the courts should be made manifest by plain language.