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What else can I help you with?
What is basketry?
Basketry is the art or process of weaving baskets, or a collective term for baskets made in this fashion.
What is the term contract?
contract is contract
What is the term of contract?
contract is contract
Define between essentialia naturalia and incidentalia?
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
What is a fixed term contract?
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.
Employee Contract?
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
What is the legal term for a condition in a contract that must be fulfilled in order for the contract to be binding?
The legal term for a condition in a contract that must be fulfilled for the contract to be binding is called a "condition precedent."
Is a large financial penalty for breaching my employment contract legal?
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 you had a contract with a financial institution and they went bankrupt is the contract void?
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.
Does term mean condition in a contract?
In some, yes. In others, no. It depends on how the contract uses the word "term".
Explain what is a term in contract?
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What do the completed contract method of accounting for long term contract use for?
The completed contract method of accounting is used for long-term contracts to recognize revenue and expenses only when the contract is fully completed. This approach is beneficial for projects where it is difficult to estimate the percentage of completion or when the outcome is uncertain. It provides a clear view of profitability at the conclusion of the project, as all costs and revenues are recorded at once, avoiding potential distortions in financial statements during the contract's duration. However, this method can lead to significant fluctuations in reported income, as revenue is recognized only at the end of the contract.
