Legal Dictionary of Pakistan

maritime contract

A contract that relates to a vessel in its use as such, to navigation on navigable waters, to transportation by sea, or to maritime employment. ( An action on a maritime contract falls within the admiralty jurisdiction."Though an obligation could be created by a literal contract in the time of Gains, the so-called literal contract of Justinian was not, in itself, a means of creating an obligation, but was the evidence of an obligation created in some other way . . . . The true literal contract, as described by Gaius, may be defined as a means of creating an obligation to pay money by a fictitious entry .. . in the creditor's account book . . . with the consent of the intended debtor. A, with B's consent, enters the fact that B is indebted to him ... and thereupon B is under an obligation to pay, though no money has passed between them." R.W. Leage, Roman Private Law 316-17 (C.H. Ziegler ed., 2d ed. 1930) 2. Civil law. A contract fully evidenced by a writing and binding on the signatory.