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What specific clause, when signed by all parties to a sales contract, changes the original terms of the contract?
The specific clause that, when signed by all parties to a sales contract, changes the original terms of the contract is known as an amendment clause.
What does vacate mean in Arizona courts?
To "vacate" something in legal terms means to make it null and void it or set it aside. See: http://definitions.uslegal.com/v/vacate/
What are the advantages and disadvantages of open book contract terms?
Open book contract terms are fully disclosed and above board. The disadvantage to this might be the unscrupulous person who looks for such an open contract to take advantage of.
Does an addendum have the power to override a contract?
An addendum can modify or supplement a contract, but it typically cannot override the original terms of the contract unless all parties involved agree to the changes.
What are some examples of material alterations in a contract?
Material alterations in a contract refer to significant changes that affect the terms or obligations of the agreement. Examples include modifying payment terms, changing delivery schedules, or altering the scope of work. These changes can impact the overall balance of the contract and may require all parties to agree to the modifications.
Can an employee renegotiate a contract on his terms and does this renogotiation null and void the previous employment contract?
An employee can attempt to renegotiate a contract on their terms, but this is typically subject to the agreement of both parties (the employee and employer). If both parties agree to the new terms, the previous contract is generally considered null and void, replaced by the newly negotiated agreement. However, if the employer does not agree to the changes, the original contract remains in effect. It's important for both parties to document any changes in writing to avoid disputes.
Can one get out of a contract if one misunderstood the terms and conditions of the contract due to hearing loss?
Contracts are usually written down on paper in words. Even if a person has poor hearing, they can probably read. Most contracts include a statement to the affect that the person has read and understood the conditions of said contract and have been given an opportunity to have anything explained to them that they do not understand. I would say that a contract would not be voided if a person has poor hearing. In my opinion, a person who has bad hearing and does not make sure that they read the terms of the contract is negligent because they did not make sure that they were fully aware of the terms of a contract
Is a changed contract a new contract?
No, a changed contract is not considered a new contract as it is an amendment or modification of the original agreement. The changes made are typically done to update or adjust certain terms or conditions of the existing contract without creating an entirely new agreement.
What is contract variation?
Contract variation refers to any change or amendment made to the terms or conditions of a contract after it has been agreed upon by both parties. This could involve modifications to pricing, scope of work, delivery timelines, or any other agreed-upon terms in the original contract. It is important to document any variations to ensure both parties are clear on the changes.
Which of these involves a representative who discusses proposed changes in the terms of a labor contract on behalf of employers and employees?
collective bargaining
Is the person who makes an offer to enter into a contract is the offeree?
No, the person who makes an offer to enter into a contract is called the offeror. The offeree is the person to whom the offer is made. The offeror proposes the terms of the contract, while the offeree has the option to accept, reject, or negotiate the offer.
What is the main terms of contract?
contract is contract
