ISO5087-2:ContractualElement

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Pattern

This class has been associated with the following pattern:

Pattern:Contract Pattern

Subclass Of

Description

An English description of the definition (what distinguishes this sense of the term?).

A ContractualElement represents a part of a contract. Therefore, it can only exist in the context of some Contract. • hasContractText: identifies the excerpt of text from the Contract that corresponds to the Contractual Element.

A ContractualElement may be more precisely identified as: • ISO5087-2:ConditionPrecedent: a part of the contract that identifies conditions that must be met in order for the contract to take effect. • ContractualCommitment: a part of the Contract that identifies some Agreement between the parties. • ISO5087-2:ContractualDefinition: a part of the Contract that defines key terms that are referred to in the Contract. • NonBindingTerm: a part of the Contract that is not legally binding. • Representation: a part of the Contract that specifies some assertions that are taken to be true at the time of the contract and serve to influence a party’s decision to enter into the Contract. • Warranty: a part of the Contract that promises some indemnification if an assertion made in the Contract is false.

Class Diagram Description

Required by Use Case(s)

(why is this specialized definition needed?)


CDM References

What other classes or properties reference this term?

Interface Specification References

This class has been associated with the following interface specification items:


Sources

Sources considered when developing the class:


Status

Pending Approval

Has Subclass(es)



Annotations

Annotation Value


Manchester Syntax Specification

Property Restriction Value
inverse (hasContractualElement) some Contract
hasContractText some xsd:string


Supplementary Figures

Figure Caption