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What else can I help you with?
What is contractual liability insurance?
Contractual liability insurance is something purchased to protect a person entering into a contract, when that contract means that they agree to be responsible for any liability.
Can you return a used car purchased as is?
Only if permission is written into the contract. Do not believe whatever anybody says at the sale lot, it's got to be written into the contract and signed by the person in charge.
If the person who made it doesnt want it and the person that bought ot doesnt need it and the person who needs it doesnt know what is it?
nothing
The person who makes you has no need for you The person who buys you doesnt use you The person who is using you doesnt know What are you?
A coffin
If one person changes the terms of a contract does that vacate the contract?
One person cannot change a contract until all people who are in on the contract agree to it.
What difference between indemnity and contract and contract of guarantee?
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 person to a third person; while, in a contract of guaranty, the obligation is to answer for the debt, default, or miscarriage of another to the person with whom the contract is made.
How the contract become witheld?
Contract can be witheld on the following basis: 1. If the contract is not signed by any minor or has not attain the age of 18. Which means in the person signing the contract is under the age of 18, the contract is voidable. 2. If the contents of the contarct is not legal. 3. If the contract has been signed under some illegal pressure, misrepresentation, undue influnce or coersion. 4. If the contract is signed by any person who mentaly disable. 5. If the contract is against the public policies. 6. If the contract doesnt have valid or enouhg consideration. here can be many more reason but it depends on the nature, laws applicable and interpretation of the contract. Kamal Bassi, Legal consultant in UAE and India 97155-9138515 kamalbassi01@gmail.com
What is an agreed contract?
an agreed contract is when one person writes up a contract and ask the other person to agree to the contract and they will gain whatever the contract offers e.g Mobile phone contract you will gain a certain number of minutes or unlimited text. if the person who signs the contract breaks the deal they will lose whatever was on offer.
Who is a person in contract law?
A legal entity is considered a person for purposes of a contract. Corporations and companies are legally considered a person.
Is contract void due to wrong person signing?
Yes, the contract is void if the wrong person signs it. In order to be in a contract you must have standing.
What does third party beneficiary imply?
It's the party for whom the insurance was purchased to save his interest if the contracting party was proved to be liable against him
Does a person with a legal disability have the right to form a contract?
Unless the person is declared incompetent, disability does not interfere with the person's ability to contract.
