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Q: What is a contract to use something for a specified period of time?
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What does the abbreviation SPTC?

Could be Specified Period of Time Contract or Southern Pacific Transportation Company.


A contract frequently purchased from an insurance company by the consumer at retirement to provide continual income over a specified period of time is called what?

An annuity


What is an option based contract?

Provide the holder with a right, but not an obligation to buy or sell an underlying financial instrument, foreign currency, or commodity at an agreed-on price during a specified time period or at a specified date.


In which major section of the contract is the time duration specified?

in special conditions


Can you enforce a contract without term of duration?

Yes,because there is specified time for each of contract in the book of law


In a contract containing an option period when it is the offerer not allow to withdraw is offer when before acceptance by the offeree?

If the contract has not been signed, then the contract can be withdrawn at any time because there has been no legally binding acceptance of the terms of the contract. Once the contract jas been signed by both parties it definitely cannot be withdrawn.


What is indentureship?

Indentureship is a historical system in which individuals would work for a specified period of time under a contract known as an indenture. Often associated with labor migration and colonialism, indentured laborers would work in exchange for passage to a new country or for other benefits. While some individuals entered into indentured servitude voluntarily, others were coerced or deceived into the system.


What is the contract for an indentured servant?

An indentured servant contract is a legal agreement binding a person to work for a specified period of time in exchange for passage, room, board, and training or experience. The terms typically outline the duration of service, duties, compensation, and conditions of release.


What did being a indentured servant mean?

Being an indentured servant meant signing a contract to work for a specified number of years in exchange for passage to a new country or some other benefit. It was a form of labor in the colonial period when people would voluntarily give up their freedom for a period of time in exchange for something.


What does time specific means?

Something that must be done at a specified time.


What is contract implementation?

Contract implementation is the process of setting things up to provide contracted services. In many cases there is a time period to obtain the appropriate people or tool the machines to make something.


Can you withdraw a contract before you start to work?

If you have already signed the contract, and it requires you work for a certain period of time before withdrawal, you must adhere to the contract. Typically this time period is two weeks.