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Typically, either (1) a favorable judgment entered by a court; or, (2) a satisfactory settlement.

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13y ago

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Why would you receive a lease termination letter?

When you enter into a Contract of Lease, you a signing a legal document between the lessor and lessee. Both parties have the right to terminate the lease at any time if the terms and conditions of the Contract of Lease have been broken. A Lease Termination letter is usually written when one party has violated the terms of this contract and the other party has decided to end it.


Business owners in the 1900s argued that laws restricting child labor were unconstitutional because?

Such Legislation Violated the right of free contract (:


What happens if you break a legal contract?

A legal contract is binding. If you break the contract without having the legal right to do so as set in the terms of the contract or by having the contract declared void by a court, the other party has the right to sue you in order to be compensated for the value of the contract.


What right did the democratic republican party believe opposed the alien and sedition act?

These acts violated the rights of freedom of speech and freedom of the press.


What is practical benefit in contract law?

Contract law monitors the arrangement (offer and acceptance) between the parties. Any breach by either party gives the other party a right to seek for performance/damages/compensation, etc from the breaching party.


Is the right to delegate duties under the contract automatically barred in a contract containing a non-assignment clause?

The question is somewhat unclear. If the questioner is stating that Party "A" wrote a contract with Party "B" with a non-assignment clause, that means that Party "B" could not then go and sell the contract, in its entirety to Party "C." Whether or not the non-assignment clause allows Party "B" to sub out any work (as long as Party "B" remains responsible for the overall completion of the job) would depend on the specific wording contained in the contract.


What does the right to cure default mean and how does it apply in contractual agreements?

The right to cure default means that a party who has breached a contract is given the opportunity to fix the breach within a specified time period before facing consequences. This right is often included in contractual agreements to give the breaching party a chance to remedy the situation and continue with the contract. If the breaching party successfully cures the default, they can avoid further penalties or termination of the contract.


What is the right to claim performance from someone?

The right to claim performance from someone refers to the legal entitlement to demand that a party fulfill their obligations as specified in a contract or agreement. This concept is rooted in contract law, where one party expects the other to perform their duties in accordance with the terms agreed upon. If the obligated party fails to perform, the aggrieved party may seek remedies, which can include specific performance, damages, or rescission of the contract. This right ensures that contractual commitments are honored and provides a mechanism for enforcing accountability.


What is rescissible sale?

Declaration or clearly communicated intention by a party to a voidable contract that it is exercising its right toterminate (rescind) the contract. It is an irrevocable stepthat frees the other party as well from its contractual obligations, as if the contract never existed. Rescission may be on mutual consent, by an act of law, or by either party for reasonable cause such as a material misrepresentation.


Should criminals have the vote?

This is a controversial topic with arguments on both sides. Some believe that all citizens should have the right to vote, regardless of their past actions. Others argue that criminals have violated the social contract and should have their voting rights revoked as part of their punishment.


Can the finance company make you pay a payment in advance?

If you are not in breach of contract (ie haven't been late in the past), then the finance company has no right to demand early payment unless the contract states this as a provision. If you *are* in breach, or have been in the past, then the finance company has some leeway -- a bit of "you violated, so we violate right back."


Does any breach of contract allow the non breaching party to cancel the contract?

Well, honey, if one party breaks the contract, the other party typically has the right to cancel it. It's like breaking up with someone who can't keep their promises - you're free to walk away. But hey, always double-check the terms of the contract just to make sure you're in the clear.