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Basketry is the art or process of weaving baskets, or a collective term for baskets made in this fashion.
contract is contract
contract is contract
In a contract, the term "maker" refers to the party that creates or executes a financial instrument, such as a promissory note or a bond, and is responsible for repaying the debt outlined in the agreement. The maker is typically the borrower or issuer who promises to pay the specified amount to the payee or lender. This role is crucial as it establishes the obligation to fulfill the terms of the contract.
essentialia are term of a contract that identify the contract as one of the specific contract.naturalia are terms that are implied into a specific contract by law and incidentalia are the other term of the contract that parties have to agree to
Generally, a fixed term contract means you are tied into the contract for a fixed term. An example would be like a telephone line, most companies have a fixed term contract of say 12 months. Apart from your 'tester period' at the beginning, you are stuck in the contract for 12 months.
form_title= Employee Contract form_header= Create a well written and widely used employee contract. Would you like to create a long term or short term contact?*= () Long Term () Short Term () Both Have you ever created a short term contract?*= () Yes () No Is the contract for permeant or temporary employment?*= () Temporary () Permanent () Both
The legal term for a condition in a contract that must be fulfilled for the contract to be binding is called a "condition precedent."
In many situations, a financial penalty for breaching an employment contract due to early termination is enforceable. However, courts have found that a penalty for breaching a contract that is excessive and therefore coercive may not be enforceable. If you have questions about the enforceability of a financial penalty term in your employment contract, talk to an Ohio Employment Lawyer at Mansell Law. Coercive contracts like those described herein are often present in the healthcare industry. It is especially common for companies to recruit nurses from foreign countries, offer to pay for and sponsor their Visa to work as a nurse in America, and then impose significant financial penalties if the nurse leaves his or her employment before the end of the contract term. In some of these situations, courts have found that these contractual penalties are unenforceable because they violate the Trafficking Victims Protection Act (TVPA).
If a financial institution goes bankrupt, your contract with them may not necessarily be void. The terms of the contract, bankruptcy laws, and court decisions will determine how the contract is treated during the bankruptcy process. It is advisable to consult with a legal professional for guidance on how to proceed in such a situation.
In some, yes. In others, no. It depends on how the contract uses the word "term".
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