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The stage in contract negotiations in which a neutral person tries to get both sides to reach an agreement?
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What are the differences between a contract and agreement?
Nothing. An agreement is to agree and a contract is too agree too. ( unless the person tells you not to read it then they are tricking you )
When one person does not honor a binding agreement the other person has the right to sue under?
When one person does not honor a binding agreement, the other person has the right to sue under contract law. The party that breached the agreement may be held liable for damages if the court finds that they failed to fulfill their contractual obligations.
What is a one year contract?
It is an agreement usually between a person and a company that you will fulfill whatever is mentioned on the agreement for a full year.
Should the same person negotiating a contract sign the contract?
There is no requirement for that. The person signing the agreement must be one authorized by the company or party to sign on their behalf.
What is written contract?
A written contract is an agreement written on paper by 2 or more people that is then signed by each person and is considered to be binding.
Can a credit card company hold you responsible for a credit card if no application contract or agreement of terms exists?
If a card was received and used by the named person then a contract is implied and there does not need to be a written, signed agreement.
What does Opting-Out agreement mean?
An opting out agreement is an agreement between the parties of a contract. It is designed to notate how a person can get out of a certain contract legally. An opting out agreement still has to be approved by all parties involved in signing the original contract.
What does agreement to furnish insurance policy?
Insurance is a contract or agreement providing for payment of a sum of money to the person assured or, failing him, to the person entitled to receive the same, on the happening of certain event. This agreement is the very basis or foundation of an insurance policy bond.
What kind of contract allows one person exclusive use of a property belonging to someone else?
A "Trust Agreement"
What happens if one person moves out that signed a lease agreement?
They have violated the lease contract and can be held liable for damages.
What are the concquences if a person who has no contractual capacity enters into a contract?
The contract can be declared void. The party must either re-affirm the agreement when the do have contractual capacity or it remains void.
Is a 19 yr old held legally for a cable contract?
In most jurisdictions, a person reaches the age of majority at 18 years. That is the age when a person can have a contract or agreement enforced against them. If there is a contract with a cable company and a 19year old, it is almost certain that the company can enforce the contract as they would with any other adult.
