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We all broadly understand “consensus” as the notion of different parties agreeing with each other. In distributed computing, Consensus is one of the core functionalities. In this post, we define the consensus problem and discuss some variants and their differences.
For a mistake to affect the validity of a contractit must be an "operative mistake", ie, a mistakewhich operates to make the contract voidhttp://detoxmatters.com/
It depends on the validity of the contract. If it meets the requirements of a valid contract then it's enforceable.
the validity ensures that no flexibility can be introduced later
NO
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Validity of Safety Helmet is 3 yrs, its should be replaced after 3yrs. If any impact occurs on Helmet it should be replaced immediately.
Yes. Contract or not.... If the attempt at arbitration failed or was unsuccessful, then there is no option other than bringing the case to court.
Validity comes from the word valid which involves legal force such as a contract and a license or being founded on truth or fact because it can be justified, defended, verified, or proven.
If a mistake is made in terms of identity (and it is material) or in terms of the subject matter of the contract then no contract is created. If a mistake is made about the existence of the subject matter or if the contract is frustrated the contract becomes impossible to perform.
The impact depends on the nature of the scrivener's error. Some very small errors can have costly results.
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