§ 8701 Definitions
§ 8702 Prohibited conduct
§ 8703 Contractor responsibilities
§ 8704 Inspection authority
§ 8705 Administrative offsets
§ 8706 Civil actions
§ 8707 Criminal penalties

Terms Used In U.S. Code > Title 41 > Subtitle IV > Chapter 87

  • Contract: A legal written agreement that becomes binding when signed.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
  • Statute: A law passed by a legislature.
  • Statute of limitations: A law that sets the time within which parties must take action to enforce their rights.