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Reciprocal Contract

Defined in 4 dictionaries — Cyclopedic (1922), Ballentine's (1916), Bouvier (1914), Black's (1910)

The Cyclopedic Law Dictionary

Walter A. Shumaker and George Foster Longsdorf; ed. James C. Cahill · 1922

In civil law. One by which the parties enter into mutual engagements. They are divided into perfect and imperfect. When they are perfectly reciprocal, the obligation of each of the.parties is equally a principal part of the contract, such as sale, partnership, etc. Contracts imperfectly reciprocal are those in which the obligation of one of the parties only is a principal obligation of the contract; as, mandate, deposit, loan for use, and the like. In all reciprocal contracts, the consent of the parties must be expressed. Poth. Obi. note 9; Civ. Code La. arts. 1758, 1759.

Ballentine's Law Dictionary

James A. Ballentine · 1916

Same as Bilateral contract.

Bouvier's Law Dictionary and Concise Encyclopedia

John Bouvier; revised by Francis Rawle · 1914

In Civil Law. One by which the parties enter into mutual engagements. They are divided into perfect and Imperfect. When they are perfectly reciprocal, the obligation of each of the parties is equally a principal part of the contract, such a sale, partnership, etc. Contracts imperfectly reciprocal are those in which the obligation of one of the parties only is a principal obligation of the contract: as, mandate, deposit, loan for use, and the like. In all reciprocal contracts the consent of the parties must be expressed. Pothier, Obi. n. 9; La. Civ. Code, arts. 1758, 1759. See Contract; Mutual Consent.

Black's Law Dictionary

Henry Campbell Black, M.A. · 1910

A contract, the parties to which enter into mutual engagements. A mutual or bilateral contract.