What is CONTRACTOR’S OPTION?

Stipulation in a deal which provides a contractor with the power to choose certain substances or methods out of a sanctioned list.

More On This Topic
  1. Seven Factors Every Business Owner Must Know About Independent Contractor Law
  2. Independent Contractor Agreement: 10 Essential Terms To Include
  3. Three Important Points to Remember About Bid Bonds
  4. How to Fill Out Form W-9
  5. How to Give Someone a Power of Attorney
  6. Three Conditions Required For Respondeat Superior
  7. Can I Write a Demand Letter Instead of Hiring an Attorney
  8. Is It A Monopoly? Everything You Ever Wanted To Know
  9. Three Ways Stipulations Benefit Courts, Attorneys and Clients
  10. W-9s: What It Is, Who They’re For, & How To Fill It Out

Related Legal Terms
CONTRACTOR-OWNED, CONTRACTOR-OPERATED (CO-CO), PRIME CONTRACTOR, FULL SERVICE CONTRACTOR, CONTRACTOR, CONTRACTOR FRAUD, GENERAL CONTRACTOR, MANAGEMENT CONTRACTOR, MANAGING CONTRACTOR, TRADE CONTRACTOR, INDEPENDENT CONTRACTOR


Link to This Definition
Did you find this definition of CONTRACTOR’S OPTION helpful? You can share it by copying the code below and adding it to your blog or web page.
Written and fact checked by The Law Dictionary