course of performance

Definition of "course of performance"
  1. The series of actions taken by parties during a business transaction that involves multiple tasks or duties, which forms a common understanding about the agreement, and can be used to solve disagreements about what the agreement means
How to use "course of performance" in a sentence
  1. The court looked at the course of performance between the two companies to make a decision about the disputed contract.
  2. In contract law, the course of performance can be a useful tool to clarify any ambiguous terms in an agreement.
  3. The course of performance showed that both parties had understood the contractual obligation in the same way.

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