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The World Law Dictionary Project

English may be the common language of the world, but the Common Law is not the common law of the world

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e.g. principle, consideration, jurisdiction
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knockout verb


the removal of terms and conditions from a contract that conflict with other aspects of the agreement. This may happen during a battle of forms, where each party tries to argue that its own terms and conditions have been incorporated into the contract. This can happen when multiple documents, often containing boilerplate terms.
The court held that the law operated to knock out the conflicting indemnification terms and replace them with provisions taken from the Uniform Commercial Code.

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jurisdiction consideration principal

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