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aleatory contract
(redirected from Aleatory contracts)

    Also found in: Legal, Financial 0.01 sec.
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Noun1.aleatory contract - a contract whose performance by one party depends on the occurrence of an uncertain contingent event (but if it is contingent on the outcome of a wager it is not enforceable)aleatory contract - a contract whose performance by one party depends on the occurrence of an uncertain contingent event (but if it is contingent on the outcome of a wager it is not enforceable)
contract - a binding agreement between two or more persons that is enforceable by law
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If damages based upon a theory of probability is a sound approach for aleatory contracts, why is it unsound as to other contracts?
The "loss of chance" doctrine of damages for breach of contract by Sturgess, Robert H. / Florida Bar Journal
 
 
 
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