Commercial contract

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The Jolly Contrarian’s Glossary
The snippy guide to financial services lingo.™


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A contract entered into for a commercial purpose. That is most, if not all, of the class of things called contracts, though it is a distinction drawn under the Sovereign Immunity Act 1978, sovereigns being the sorts of people that don’t always do things for commercial, practical, sensible or even comprehensible reasons.[1]

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