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If you signed a 2 year contract with a fitness gym and one month later they sell out to another owner are you still tied into that contract even though it is a completely different business?
Wiki User
∙ 17y ago
If you create a contract with a business, it doesn't matter who owns the business... in the same way as you would expect the new owners of to honour a warranty for a vehicle bought before the sale of the company... HOWEVER in your case this is only the case if there are no detrimental changes to the terms & conditions, or faciltiies... they MUST be ,maintained in at least the same condition or better... check the wording of your contract for anything specific.... and if the new owners demand everyone signs up to anything new, then that is the time where you can refuse, and they would be oblidged to refund the balance of your membership, without penalty, as it would be them who made changes..not you changing your mind about joining, where they have maintained the status quo.
Wiki User
∙ 17y ago
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Are you in breech of contract if you start another business while employed?
That would depend on what you contract with your employer binds you to. An employment contract may be a negotiated document and it is therefore not possible to give you a general answer. However, IF your employment contract precludes you from starting another business then YES you would be in breach of contract if you did so.
If you were writing a letter on behalf of one company in an attempt to gain a business contract with another company which business letter would you write?
You would write a proposal, an offer of an agreement or contract.
Business Contract?
Get StartedThis Contract can be constructed to cover the sale of goods or the exchange of services between to companies. If one business is providing goods or products to the other �A Contract for sale of goods� should be created. If one business is providing services to another �A Contract for services� should be created. If you require more detailed information before making your decision the following help topics can help: Business Contract for Services
If you have a bachelor's degree and you want to get another bachelor's degree in a completely different area such as art and business do you have to take all the General Electives again?
It depends on the requirements of the University, but generally no.
What does it mean for someone to be a subcontractor to someone else?
A subcontractor is an individual or a business that signs a contract to perform part or all of the obligation of another's contract. A subcontract is hired by a general contractor.
What happens if I lose your att phone Am I able to get a new but different phone on the same contract or will I have to either buy another iPhone or new contract with new phone?
You stay on the contract, however your next renew date will be another 2 years.
What can be the Examples of specialty contract or contract under seal?
Examples of a specialty contract or contract under seal include property deeds and a construction contract. Another example would be business transactions.
What is negotiability?
Negotiability means that you have the power to give up some of the things that you want to please another person. When 2 people want 2 different things they compromise for the best outlook.
Sales Contract?
Get StartedThis Contract can be constructed to cover the sale of goods or the exchange of services between to companies. If one business is providing goods or products to the other �A Contract for sale of goods� should be created. If one business is providing services to another �A Contract for services� should be created. If you require more detailed information before making your decision the following help topics can help: Sales Contract for Services
Hiring an Attorney for Business Contracts Agreements?
When a business wants to draft a contract with another company, it can be quite a difficult process. If a company is on edgy terms with another company, it may be even more difficult to draft a contract that is honest and ethical. Hiring a good attorney is truly critical for any business deal where a contract must be drafted. Drafting a contract for a business agreement can be a tricky business. An attorney truly must have a command of the English language, in order to draft contracts that are thorough and to the point. An attorney should seek to do his or her best in making a contract that clearly articulates the deal that has been negotiated between two parties. If an attorney fails to draft a clear contract for a business, then that business may be able to sue the attorney for legal malpractice. This is one of the worst sorts of lawsuits that any lawyer can be involved in. It is truly important for a lawyer to give his or her best efforts when drafting business contract agreements. It is always a good idea for a business to hire in-house counsel, just in case another business decides to breach the contract. Breach of contract is one of the most common claims filed in the court system. When this happens, a business can lose a tremendous amount of profits and will seek to recover such lost profits from another business. It is a good idea for a business to hire the same attorney for fighting in this sort of case that actually drafted the contract. The more an attorney has knowledge of the past history of a business, the better he or she will be able to fight for that business in a court of law. Even though in-house counsel an be expensive for any business, it truly is a wise investment. By investing in the right legal help, any business does a service in protecting its assets and profits. Without the right legal help, any business exposes itself to the risk of losing millions of dollars in a given year. It is truly to any business's benefit to work with legal counsel to draft fair and honest contracts with other businesses. When a business does this, other businesses are more likely to actually follow through with the contracts and do everything that they can to avoid breaching the contracts.
What is the homograph for contract?
A homograph is a word with the same spelling as another word, but with a different meaning and possibly a different pronunciation. So the homograph for contract is contract. A contract (CON-tract) is an agreement between two or more people to perform some kind of specified work. To contract (con-TRACT) has several meanings: to contract a muscle (to make the muscle tense); to contract a disease (to get or acquire the disease); to contract a word (to shorten the word or make a contraction of it.)
Why would a company typically use a contract management system?
Most business companies would typically use a contract management system because they have to negotiate and ensures the terms and conditions between one another.
