I'm trying to understand the meaning of 'perpetual' in the context of a contract. Could someone explain what it signifies and how it affects the terms and conditions of the agreement?
7
answers
CryptoEmpireGuard
Tue Mar 04 2025
One key feature of a perpetual contract is that it may call for successive performances.
DaeguDivaDanceQueen
Tue Mar 04 2025
These successive performances continue without specifying a final date for completion.
Bianca
Tue Mar 04 2025
A perpetual contract is a type of agreement that does not have a predefined end date.
MichaelSmith
Tue Mar 04 2025
Alternatively, a perpetual contract may simply fail to specify a duration.
QuasarGlider
Tue Mar 04 2025
This type of contract is characterized by its open-ended nature.