accessory contract
supplementary contract, contract appended to the principle contract
Accessory Contract
One made for assuring the performance of a prior contract, either by the same parties or by others, such as suretyship, mortgages, and pledges.
It is a general rule that payment of the debt due or the performance of a thing required to be performed by the first or principal contract is a full discharge of such accessory obligation.
An accessory agreement to guaranty an original contract which is void has no binding effect.
This entry contains material from Bouvier's Legal Dictionary, a work published in the 1850's.
ACCESSORY CONTRACT
CONTRATTO ACCESSORIO