alternative contract
A contract in which the performing party may elect to perform one of two or more specified acts to satisfy the obligation; a contract that provides more than one way for a party to complete performance, usu. permitting that party to choose the manner of performance.
¡ª Also termed alternative-methods-of-performance contract. [Cases: Contracts 172. C.J.S. Contracts ¡ì¡ì 341, 506; Trading Stamps and Coupons ¡ì¡ì 7¨C9.]
How do bilingual lawyers in China usually translate the term alternative contract?
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