Reciprocal in Europe
Reciprocal (in European Private Law)
In this context, this may be a concept of the term: An obligation is reciprocal in relation to another obligation if (a) performance of the obligation is due in exchange for performance of the other obligation; (b) it is an obligation to facilitate or accept performance of the other obligation; or (c) it is so clearly connected to the other obligation or its subject matter that performance of the one can reasonably be regarded as dependent on performance of the other.
Resources
See Also
- Private Law