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Perpetual refers to time only. Contracts have to contemplate an end date. In perpetuity is just an acknowledgement that the parties have thought about time, and
by checkyoursudo 4y ago
Perpetual refers to time only. Contracts have to contemplate an end date. In perpetuity is just an acknowledgement that the parties have thought about time, and have agreed that there is no natural end date, but that does not foreclose other termination triggers, like revocability.
- littlestymaar 4y agoBut on the other hands, contracts aren't revocable unless there are specific revocation provisions in the said contract.