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What is full form of fidic?
Federation Internationale des Ingenieurs Conseils
What is difference between terms and conditions?
Terms >>> implied terms conditions >> "do this and you'll get that" normally under a contract
Is a promissory note the same as a written contract?
A promissory note is a kind of written contract. The statutues and conditions under which it can be enforced are determined by the laws of the state in which it is drafted.
Do revolving store accounts require signing a contract?
Yes. When applying for a store card (or a credit card), the signature on your application implies agreement to the contract between you and the lender if the decision to extend you credit is made. Also, if you use the card, there is language in the Terms and Conditions section (fine print, the contract) which states that your use of the card implies you will accept the contract.
If a term or condition stated in a sales contract is unreasonable would it be able to be rebutted in court?
Any contract can be attacked in court. But it's a contract. It is a legal document that was drafted to withstand legal attack. And in this day and age, the contract law is pretty clear as regards issues of consumer credit (assuming that this is the issue here - which it sounds like). Let's back up. You entered into a sales agreement by signing a contract. You and the seller are bound by the terms and conditions of that contract. Your signature indicates your willingness (at the time) to accept the terms and conditions set forth. (Yes, it does.) It can be argued that your signature indicates that you also understood and agreed to the terms and conditions, which were not then unreasonable to you. By the way, a lot can be said about what is unreasonable and what is not. Almost any term or condition can be written into a contract. Terms and conditions may go light years beyond unreasonable to the point of being outrageous or absurd, but, if they is written into a contract and the meaning is spelled out to the person signing, they pass from being unreasonable (or whatever) into the realm of being terms and conditions of a contract. And they can be upheld in court. That is what contracts are all about; it is why they were invented and refined and why they are used today. It is somewhere between difficult and impossible to fight the terms and conditions of a contract. That's why the contract is drawn up the way it is - to lock the parties in. You were offered a contract. You did not feel that what was being asked was, at the time, unreasonable. You signed. It's pretty much a done deal. About all you can do is fight the circumstances around the presentation of the contract. The finance representative put the contract in front of you, explained it and answered any questions you had, and you will be taking issue with that. Anything else is pretty much a wash. Did the financial advisor who went over the contract with you fail to make clear the terms of the contract? Were you not asked if you had any questions? Were you not given every opportunity to review the agreement and back out of it before you signed? Was the representative you dealt with unprofessional in the execution of his duties? Negligent? Did he not "do things right" when working with you? Your problem is with a contract term, and about the only way you can fight a provision of a contract is by making (and proving) that it was not made clear to you or that something was misrepresented. That's the bottom line. Here's why (and it may be repetitious). The contract is pretty much "bulletproof" from the point of view of being challenged. Think about the contract. The thing is preprinted! It is a legal document that was prepared with professional legal input - a lawyer drew it up! The form the contract takes is has been refined to "close loopholes" by clearly stating the expectations of both parties. The finance guy just puts in the numbers, explains it, answers questions and gets your signature. Note that the finance guy is a professional. He is trained to do exactly what he does and to do it in a way that meets the requirements of law. He does this to protect the lender, and to protect himself. The contract and the financial representative are links in a chain between the lender and the buyer (borrower). The finance rep knows he's the weak link in the chain, and he knows how to act to keep things on the "up and up" so no legal challenge can be mounted successfully. As mentioned, he is a pro, and he is protecting himself from legal attack by "doing the right thing" as regards explaining the contract and its provisions and by answering any questions. You need professional legal advice. There are a lot of practitioners, and they will give you some free or low-cost time, at least upon an initial consultation. Find an attorney or paralegal in your area and go chat for a few minutes. Then weigh your options. Good luck.
Is a letter of acceptance a legal document in construction based on FIDIC conditions of contracts?
Yes, it is Yes, it is better to accept the contract so that you have the legal document on your part.
If letter of intent referes to FIDIC then the letter of intent can be considered as a formal contract?
yes
What has the author Nael G Bunni written?
Nael G. Bunni has written: 'The FIDIC form of contract' -- subject(s): Building, Contracts (International law), Contracts and specifications, Engineering, Engineering contracts, International Federation of Consulting Engineers, Letting of contracts, Standardized terms of contract 'The FIDIC forms of contract' -- subject(s): Engineering contracts, Standardized terms of contract
In which major section of the contract is the time duration specified?
in special conditions
What organization is known by the acronym FIDIC?
FIDIC is an acronym commonly used to refer to the Feredation Internationale Des Ingenieurs-Conseils. FIDIC are a French based international standards organization for construction workers and the construction industry.
Under FIDIC red book if the work is executed as per instructions given by the engineer's representatives can the engineer reject that work afterward?
The following is from the International Federation of Consulting Engineers (FIDIC*)2006 Red Book, section 7.5, "Rejection": "Notwithstanding any previous test or certification, the Engineer may instruct the Contractor to: (a) remove from the Site and replace any Plant or Materials which is not in accordance with the Contract, (b) remove and re-execute any other work which is not in accordance with the Contract, and (c) execute any work which is urgently required for the safety of the Works, whether because of an accident, unforeseeable event or otherwise."So, the answer is, "Yes, the engineer has the right to reject work afterward." For further information, refer to the FIDIC link, below (n.b., it is a download website; the download of the PDF (Acrobat) file is free). * (FIDIC - Federation Internationale Des Ingenieurs-Conseils)
What is full form of fidic?
Federation Internationale des Ingenieurs Conseils
Why is terms and conditions of a contract so important?
Terms and conditions are important in a contract because they establish what is expected of both parties. When someone is in violation of the contract's terms and conditions, the other party may sue for a remedy.
What is Contract compliance?
Contract compliance is when a party follows the conditions of a contract. Successful performance and completion of a contract is known as compliance.
All contract are agreements elucidate?
A major legal requirement for a contract to be valid is that all parties mutually agree to all terms and conditions. Obligations of a "contract" that is imposed on a party involuntarily is not a contract at all. This is why many believe involuntary taxation can never be legal or ethical since, by this understanding, it amounts to theft.
If you sign a personal contract that only has terms but no conditions does that mean that you are only agreeing to What is written because without conditions you dont have to follow said contract?
baring in mind "said contract" has not been overlooked by a solicitor...
How do I get out of a health club contract?
Depending on the contract terms in conditions. If you are looking to get out just to get out it will be pretty costly such as breaking a cell phone contract.
