synallagmatic contract

Definition of "synallagmatic contract"
  1. A type of mutual agreement under Louisiana's civil law where both parties are obligated to fulfill certain conditions
How to use "synallagmatic contract" in a sentence
  1. After signing the synallagmatic contract, both the buyer and seller had specific responsibilities to uphold.
  2. In the synallagmatic contract, the publisher agreed to pay in advance, while the author committed to meet the manuscript's deadline.
  3. Because the synallagmatic contract was violated, both parties found themselves facing potential legal action.

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