An agreement which is usually created in a formal way, to be regarded with solemn integrity, formed to be binding upon those who engage in the covenant together. This type of formal agreement is often considered within the light of 'common-law' or is held to be above or of more importance, strength or durability than casual agreements or promises. In some cases a covenant is considered to be 'binding words' within which the entirety of the 'promise of delivery' is incorporated.
Categories: The Lifestyle > Contracts
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