substantial performance (compliance) legal definition
noun
A doctrine in equity that if a good faith attempt was made to perform the requirements of a contract, but failed to exactly meet the specifics, and if the essential aim of the contract has been met, the agreement will still be considered as having been completed. Minimal damages for the impreciseness may be permitted by the court. See also performance.
Webster's New World Law Dictionary Copyright © 2010 by Wiley Publishing, Inc., Hoboken, New Jersey.
Used by arrangement with John Wiley & Sons, Inc. http://law.yourdictionary.com/substantial-performance-compliance
Wednesday, October 5, 2011
RTTT Phrase of the Day!
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