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Covenant

15 January, 2016 - 09:11

In the past, a ‘covenant’ (契約) was an agreement under which the content of the expression of intent of the parties was antagonistic, whereas a ‘contract’ was an agreement under which the content of the expression of intent of the parties were consistent. Modern usage does not draw such a distinction. An agreement under which the content of the expression of intent of the parties is antagonistic is now also called a contract.