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Contract Law

Parent Category: Law & Legal Issues
Law covering the establishment, administration of contracts (legally enforceable agreements), the rights and obligations of those entering into contracts, the validity of contracts and disputes over contracts.
A bill of sale needs to have a buyer, seller, date of sale, itemsold, and purchase amount, to be consider a legal bill of sale.Legality is required items that must be listed.
Generally.  Except as otherwiseprovided in subdivision (c) of this section, every complaint,counterclaim, cross-claim, interpleader complaint, and third-partycomplaint shall contain a demand for the relief to which thepleader deems himself entitled.  Relief in the alternative or ofseveral...
If you mean "what is an interest change date" it means the date when the interest rate on a loan changes when the loan is an "adjustable" or "floating rate" rate loan. A lot of home loans, for example, are "ARMs" or adjustable rate mortgages, and change usually on an annual date. Some debts are so...
The parties may certainly make that agreement. They are defining how they will interact by the contract. They may be able to contest the validity of the clause for some reason or another, but in most cases, the court will uphold the agreement.
You may be thinking of diversity of citizenship (don't confuse withwhether a citizen of US), but that doesn't mean you can't suesomeone who lives in a different state.
Generally speaking, a contract with the federal government or someagency of the federal government.
A commercial contract refers to a legally binding agreement between parties in which they are obligated to do or not do certain things. Contracts may be written or verbal and drawn up in a formal or informal way. Most businesses create contracts in writing to make the terms of agreement clear, often...
Two important rules govern revocation: an offer can be revoked any time before it is accepted, and a revocation becomes effective when it it received by or communicated to the offeree.
Contrast ratio is the ability of a TV to change contrast on the set. At this point in time (and referring to HDTV's) at least 40:1 or better is probably preferred. I'm sure that'll improve as technology improves.
The real deal is that a verbal contract already is legallybinding. Assuming that both parties later on tell the truth aboutwhat was said. I suppose if you wanted to add a more solidly "legally binding"aspect to it, you'd have that verbal contract witnessed by someimpeccably impartial third party....
The answer to this is in the contract itself. It should say that itis for a particular "term", or that it terminates on a particulardate or upon a particular event. If the contract doesn't state,then it probably is terminable by either party immediately.
Statue Laws are Laws made by Parliament.
It would depend on the situation and wording of the stamp. In the case of a person who certifies documents as a true copy of the original it would be binding.
The only ways to back out of the contract are 1: If you have a written agreement with the dealer to fix the problems. 2: Verbal agreement with the dealer to fix the problem. then if one of these 2 exist, it would be a small claims court deal and the dealer is suppose to be the expert and the court...
No. There is no statute of limitations "for a guarantor". However, there are statutes of limitations for different categories of debts. Statutes of limitation vary from jurisdiction to jurisdiction and for different types of contracts. For example a five year lease, a thirty year mortgage, a six...
Answer .Yes, it is quite common to include one or more breach clauses in commercial contracts. They can include, among other things, specific obligations of notification of a perceived breach, prescribed periods to cure the breach, penalties for specifically defined "material" breach, liquidated...
A tender for contract is the formal documentation that a buying organisation issues to potential suppliers inviting them to make an offer for the supply of goods and services.
A contract of guaranty is a collateral undertaking, and presupposes an original contract; while a contract of indemnity is original and independent. In a contract of indemnity, the undertaking is to make good and save harmless the person, with whom the contract is made, upon an obligation of such...
NO!Unless you are an attorney licensed to practice law and has theclient permission, or you have a POA (power of attorney) todo such a thing on behalf of a caretaker you cannot sign anythingon somebody behalf.
Yes ... If you have not signed any papers (repeat ANY) ... hopefully they gave you a receipt for the money given as a down payment ... otherwise, you may be left holding the bag for any proof.
.You should be able to sign a contract at any time. Most contractsdo not require a certain time of the day for the contract to besigned. Many contracts have a time limit
, Personal security-- The answer is subjective and depends on what the person is trying to feel secure from. You can be tracked and you can bet I believe our government is not beyond using this information for nefarious ways. Used to be they needed a warrant, but not anymore, all under the...
Ownership, grants of licenses, enforcement, expiration, etc.
a semi-contract is a mini contract that businesses use.
An "injury lawyer" is just a lawyer whose practice revolves aroundpersonal injury cases
Typically federal law prevails (preempts) state law.
The distinguishing of contract of service and contract for service is importation different legal terms under different master. contract of service employee and employer both side need to contribution the MPF employee subject to salary tax entitle claim under "EO" benefits employer subject...
Contract of Service versus Contract for Services Legitimately, an "employee" is utilized under an 'agreement ofadministration' and is liable to the supervision, control andcourse of the employer in regard of the route in which the work isto be finished. The matter of control by the employer over...
You agree to sell your kidney for $10,000 Crazy Cannibal Carl accepts your contract and signs it. Doctor Dumb removes the kidney and promptly decides to eat it. ( Destruction of Subject Matter - Since The doctor destroyed the subject matter of your contract Crazy cannibal carl is no longer...
If the original client is a legal entity (e.g. corporation, LLC),and another person then purchases ownership of that entity, thenthe entity is still legally the client.
Contact your old employer for the status of the transfer request
Depends on why you need to use the space. Licenses by definition are for an indefinite period that either party technically should have the right to cancel at any time. Leases typically have a specified time/term. The "Licensor" (the "landlord" under a license) retains control this way, to terminate...
can you be a U.S. citizen and legally work in Canada?
Both, it is for procurement of severable services and the contractdoes not exceed one year
State laws change constantly, but at the moment it is 12%. Most banks and credit card companies, as well as finance companies, are exempt from this.
I think you mean what is a "form contract". It means something preprinted and customary. You can find many on line (for a price) and in form books published by many places (including law publishing companies). If you mean is it a "good" contract, well some are, and most usually favor one side --...
Express contract: Express contract is one which is made by words spoken or written. Example No. 1 : X says to Y, will you buy a car for Rs. 100000? Y says to X, I am ready to buy you car for Rs. 100000. It is an express contract made rally. Example No. 2: X writes a letter to Y, I offer to...
It is a contract between two entities. The most common is when a person buys goods or services. There is no limit to the number of parties in a contract, but the contract gets more complex the more people involved.
Breach by both the parties, will put the contract to an end. Thereafter right to claim will arise in accordance with the damages suffered by the parties.
FAR 32.407(c) Interest shall be required on contracts that are for acquisition, at cost, of property for Government ownership, if the contracts are awarded in combination with, or in contemplation of, supply contracts or subcontracts.
The other way around. Per the Federal Acquistion Regulations: ."Nonpersonal services contract" means a contract under which the personnel rendering the services are not subject , either by the contract's terms or by the manner of its administration, to the supervision and control...
no a letter of intent for a construction contract cannot be considered asa binding contract unless the letter itself contains the expression that signifies the will of contract formation.
Absolutely nothing. It's the person choice to give you financial help or not. You can always ask this person why he decided to stop the financial help. Good Luck.
You can cancel a new car contract, but there may be penalties orfees depending on the agreement. The specifics will be outlined inthe signed contract.
You need to go let the seller of the car know that you have changed your mind within 3 days of signing. Do this in writing and have them sign receipt of your letter. If you ordered a car, you may be liable for the deposit.
Most state building codes require that a tenant have a thermostat. You should ask your local building inspector or board of health.
Legal relationship between contracting-parties evidenced by (1) an offer, (2) acceptance of the offer, and a (3) valid (legal and valuable) consideration. Existence of a contractual relationship, however, does not necessarily mean the contract is enforceable, that it is not void (see void contract),...
The statute of limitations for a civil case in California is only 2 years. For slander or libel it is only 1 year. There may be tolling available based on when the injury was discovered. Consult an attorney in California for your specific situation.
An agreement becomes a contract when there is an offer, acceptance and consideration. Absence of a written contract does not prevent a contract from being form. A contract can be both expressed or implied. Written or verbal.
Contract of indemnity - A contract by which one party promises to save the other from loss caused to him by the conduct of the promisor himself, or by the conduct of any other person, is called a 'contract of indem­nity'. - - Illustration - A contracts to indemnify B against the...
You'll have to look at the contract and see if it addresses this issue.
Absolutely, as long as the party responsible for the delay is working to solve the issue/problem. The courts use the "reasonable man" idea for this. If you are going past a closing date more than 30 days--that is different than 10 days or two weeks. Most new construction contracts give the builders...
Yes - this is not only highly unethical but also subjects you to definite civil penalties and possibly even criminal penalties depending on local laws and exactly what actions you take. Bad idea. Don't do it!
In theory, no - it contravenes your rights under employment or contract law in most western countries. In practice, the consequences of not signing (or agreeing to the terms of) a new contract can be expensive or even result in loss of employment, and while due process may be pursued in the courts,...
mostly, people bet in jueteng, simply because they were hoping that they going to claim money by winning on this illegal game.......
A representation which is subsequently made part of the contract ceases to be a representation and becomes something more, viz., a promise that such a thing is or shall be. Anson, Contract, 15th ed., 1920,p. 182. The question then arises whether this representation, which has ceased to be a mere...
These are separate, although sometimes converging areas of law and liability. Contractual liability means that a party to a contract has somehow breached the contract and when taken to court will be held liable for the contract or at least for the loss to the nonbreaching party as a result of the...
No a mistake does not automatically make a contract void. It may void specific aspects of the agreement. The other terms could be enforced.
What payments are you referring to? It sounds as if the clause refers to the preliminary payments that are often secured PRIOR to allowing the tenant to move in and the lease actually going into effect (i.e.: security deposit - pet deposit - utility deposits - etc). If you've been living there and...
The most common remedy for a contract breach is damages , which is a substitutionary remedy and a remedy at law . Damages usually take the form of money paid by the obligor to the obligee to make the obligee whole, in consequence of the harm incurred as a result of the breach. There are some...
By the gathering of physical evidence which supports the allegation.
Rights that are written out.
Explain the essentials of a valid contract of sale of goods?
The general rule under the law of contract is that Performance must be............???? would be great if someone could help asap! :D thanks
Everyone on the deed/title needs to sign at closing, so it will be necessary to get their agreement to the sale. Unfortunately, one person can hold up the sale. This is a really good reason to not put multiple names on a title, but rather to make the home part of an estate.
Discharge of contract .Q. Describe the various modes in which a contract may be discharged. (2002) 1. Introduction: A contract is said to be discharged when the rights and obligation created by it come to end. The contract act 1872 provides various ways in which a contract may be discharge or...
Generally there is a cancellation clause in a standard agreement without penalty. (provided you give notice) If there is a penalty, it can be enforced unless it is disallowed by your state laws. If it is for non-payment, dependent upon wording collection effort costs can sometimes be added.
There is a lot of case law surrounding what amounts to duress, but the short summary is "illegitimate pressure". What constitutes illegitimate is complex (and varies between jurisdictions). Normal physical pressure is straightforward ("sign this or I'll beat you up"), whether it is directly or...
Models do not have release forms that they have people sign. It is the photographer that offers the model a model release because by law the creation/rights of the images are automatically given to the photographer. You must waive your rights to the images unless you want to pay the photographer a...
It means the bank will release your money after they approve your document presentation and get approval from the applicant of the letter of credit. If all documents are included and comply with the instructions of the LC, payment can be released according to the payment schedule (i.e. "Draft at 30...
It depends upon the jurisdiction. In many places a verbal contractis just as good as a written one in the eyes of the law - it is anenforceable agreement. However, it can be harder to prove the termsof a verbal agreement in court as both sides may (and usually will)have different recollections. The...
Answer .Misrepresentation is a type of lying or falsehood in which a person says or does something that would lead another person to believe something that is not "in accordance with the facts." It may be intentional or negligent, but forms an essential element of the crime and tort of fraud, if...
It varies between jurisdictions. Most jurisdictions imposed a statute of limitations on civil claims, and normally 6 years is about the average for breach of contract. However, certain jurisdictions will allow longer limitation periods for formally executed contracts known as "deeds" (not title...
Yes. You can read the relevant statute at the link provided below.
The essential elements of a contract are: offer, acceptance and legal consideration. The offer should express the willingness to enter a contract. These essential elements are explained below: 1.Offer The offer has to express the willingness of a party to enter a bargain or a contract. The...
The only organization or person that deals or is licensed to deal in a given commodity.
Traditionally, per project general liability policies were reserved for large projects such as tract home and condo developments. Minim premiums on such policies can vary from $50,000 to $250,000. However, there are some new insurance programs out there for smaller contractors with premiums as low...
No, it is not typically going to be enforceable. Interest in real property, in this case land, must be documented in a written contract. Anything for more than a year must also be in writing. There may be exceptions of the parties have taken action based on the oral agreement.
If both parties are in agreement to the terms. Otherwise any written contract, signed by both parties, must be kept.
Depends upon the terms of the contract, but usually you forfeit your deposit if you do.
If you didn't have a written contract with the contractor then there is nothing you can do because he is not entitled to finish the job if it's not in writing.
There is no requirement for witnesses to a contract.
Any legally binding agreement voluntarily entered into by two or more parties that places an obligation on each party to do or not do something for one or more of the other parties and that gives each party the right to demand the performance of whatever is promised to them by the other parties. To...
A criminal case would be the state prosecuting someone for stealing something. A civil case would be if someone crashed your car.