What does cover mean in law?
Asked by: Prof. Kristy Schoen | Last update: November 7, 2025Score: 4.1/5 (56 votes)
Cover is a term used in the law of contracts to describe a remedy available to a buyer who has received an anticipatory repudiation of a contract for the receipt of goods.
What is the legal definition of cover?
Cover means to protect or shelter. It is used as a remedy under contract law. The remedy of cover can be used by a buyer to be protected from an action of breach of a sales contract. Under this situation the uniform commercial code provides a remedy to the buyer.
What is a cover agreement?
A cover contract refers to a legal agreement for lessening a buyer's loss or injury when a seller commits a breach of contract. It is used as a remedy for the breach of a contract involving the sale of goods.
What are cover damages?
What are Covered Damages? Covered Damages refers to the losses, costs or expenses that are covered by an insurance policy. It is an important term in insurance terminology and may refer to the losses or costs that are covered by a particular insurance policy or contract.
Is a buyer required to cover?
Subsection (3) expresses the policy that cover is not a mandatory remedy for the buyer. The buyer is always free to choose between cover and damages for non-delivery under the next section.
NEW UPDATES! | Post Cover Songs LEGALLY on YouTube 2025 (Step by Step Guide)
Why would a seller cover closing costs?
Concessions: Many sellers agree to pay a portion of the buyer's costs to sweeten the deal — for example, a seller may cover the cost of a needed repair discovered in the home inspection. If you've offered any seller concessions, these funds are also due at closing.
What is the legal definition of cover price?
Cover pricing is the practice of one or more bidders in a tender process obtaining an artificially high price from a competitor—this cover bid is priced so as not to win the contract but is submitted as a genuine bid.
What is the buyer's right to cover?
PURPOSE OF COVER
In other words, after a breach by the seller, a buyer is permitted to go out and purchase commercially reasonable, substitute (but not necessarily identical) goods (known as “cover”).
What does cost of cover mean?
Cost of Cover is any amount above the Contract rate incurred to secure alternate interpreter services due to Contractor's cancelation without adequate (48 hour) notice.
What is property damage coverage?
Property damage liability coverage is required by law in most states. It typically helps cover the cost of repairs if you are at fault for a car accident that damages another vehicle or property such as a fence or building front. Property damage liability coverage usually does not cover damage to your own vehicle.
What is legally considered a cover?
It involves interpreting the song while preserving its original composition, including melody and lyrics. It's important to note that making significant changes to the original structure may prevent it from legally being considered a cover.
What is a cover payment?
Cover payments are used by a bank to facilitate funds transfers on behalf of a customer to a beneficiary, most often in another country, but also in the same country when a foreign currency is used.
What are cover terms?
Cover Term means the duration of cover for each insured member as shown in the certificate of insurance. Sample 1. Cover Term means the period of the insurance cover (in months) as specified in the COI.
What is the difference between a case and a cover?
A: The case protects the whole device itself, that is the screen and the back part of it. The cover only protects the screen, thus it's name, it covers the screen but does not protect the whole device. I hope this helps!
What is considered cover?
A cover is something which is put over an object, usually in order to protect it.
What is the cover act?
The COVER Act's provisions would break the cycle of dependence on fertilizer and agrichemical corporations as farmers reap the soil health benefits provided by cover crops. The Good Steward Cover Crop Program provides farmers with a $5 crop insurance premium discount for every acre planted with cover crops.
What does cover mean in contract law?
Cover is a term used in the law of contracts to describe a remedy available to a buyer who has received an anticipatory repudiation of a contract for the receipt of goods. Under the Uniform Commercial Code, the buyer is permitted (but not required) to find another source of the same type of goods.
How to not pay a cover charge?
Cover charge is waived at some clubs for early arrivals (before 11 p.m. or midnight), for people who order food, or, if the club is in a hotel, for hotel guests.
What is a cover deal?
'Cover and deal' refers to a type of trading activity in which a Market Participant seeks to avoid taking on any market risk when facilitating a Client's trade request. This arrangement may be utilised by certain Market Participants when quoting prices that are subject to 'last look' in electronic trading activities.
When can a buyer reject goods?
Buyer's Rejection
Under Article 2, if the goods 'fail in any respect to conform to the contract,' then the buyer can reject the goods. Rejection simply means that the buyer refuses, or doesn't keep, the goods.
What are seller rights?
The seller's rights when selling a home include: The right to accept or reject an offer to buy your home; The right to challenge an appraisal; and. Other contractual legal rights.
What is the put buyer has the right to?
Put option is the right to sell an asset. A trader can either buy or sell the put option. The buyer of put option gets the right to sell a stock and the seller of the put option has the obligation to buy the stock if the buyer demands.
What does covered mean in law?
A "covered" disposition usually means that there were multiple counts of a charge and the defendant's plea to a single count of that charge is considered to apply to the other counts. The other counts are "covered" by the plea to the first count.
What is a cover cost?
It is the cost to enter a club or bar. It's like a ticket for entry- but you don't get a receipt. This typically goes directly to the event promoter of the night, but not necessarily.
What is a legal maximum on the price?
A price ceiling is the mandated maximum amount that a seller is permitted to charge for a product or service. Price ceilings are usually set by law and are typically applied to staples such as food and energy products when these goods become unaffordable to regular consumers.