Contingency By Law Definition In Philadelphia
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Contingent means that an event may or may not occur in the future, depending on the fulfillment of some condition that is uncertain. This term is often used in contracts where the event will not take effect until the specified condition occurs.
In logic, contingency is the feature of a statement making it neither necessary nor impossible. Contingency is a fundamental concept of modal logic. Modal logic concerns the manner, or mode, in which statements are true. Contingency is one of three basic modes alongside necessity and possibility.
The contingency rules theory assumes that: (I) compliance-gaining and com- pliance-resisting activities are governed antecedently by jive varieties of sev- evaluative and adaptive contingency rules; (2) the actual contexts where social influence agents interact determine the configuration of rules governing their ...
The contract is characterized as "contingent" because the terms are not final and are based on certain events or conditions occurring. A contingent contract can also be viewed as protection against a future change of plans.
(a) "Contingency," as used in this subpart, means a possible future event or condition arising from presently known or unknown causes, the outcome of which is indeterminable at the present time.
Contingent means that an event may or may not occur in the future, depending on the fulfillment of some condition that is uncertain. This term is often used in contracts where the event will not take effect until the specified condition occurs.
A contingency is an event you can't be sure will happen or not. The noun contingency describes something that might or might not happen. We use it to describe an event or situation that is a possible outcome but one that's impossible to predict with certainty.
The Most Common Cases that Do Not Operate on Contingency Fees Criminal defense cases. Divorce attorneys. Family law attorneys. Domestic relations cases. Business-related cases. Contracts and closings.
