Louisiana Civil Code 2020 – Contracts made by more than two parties
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Terms Used In Louisiana Civil Code 2020
- Contract: A legal written agreement that becomes binding when signed.
When a contract has been made by more than two parties, one party’s failure to perform may not cause dissolution of the contract for the other parties, unless the performance that failed was essential to the contract.
Acts 1984, No. 331, §1, eff. Jan. 1, 1985.