It refers to an obligation one is under because of the contract. That can be a service, to provide goods, or the avoid doing something, any thing of value.
A Contract
The legal responsibility of the defendant in a breach of contract case is to fulfill the terms of the contract as agreed upon or provide compensation for any damages caused by the breach.
Contractor who has a contract with the owner of the job, and has the full responsibility for finishing the job. Subcontractor carry out specific parts of the contract.
ANYONE can type a contract. If the wording of the contract is "legally sufficient' the responsibility for carrying it out, or performing its requirements, becomes that of the person who signs it.
The person with the legal right and responsibility to provide for the care of an international student. This includes the student's biological or adoptive parents.
In contract law, "consideration" refers to something of value exchanged between parties in a contract, such as money, goods, or services. It is a necessary element for a contract to be legally binding.
Contract negotiation is typically handled by the legal team or procurement department, while contract monitoring is the responsibility of project managers or contract administrators. They ensure that both parties are meeting their obligations and that the contract terms are being followed.
There is no legal definition for pole star.There is no legal definition for pole star.There is no legal definition for pole star.There is no legal definition for pole star.
Yes. If you are a legal adult where you live, whatever you sign is legally binding (unless you can prove you were coerced against your will). If you want to add something to a contract, you and the contractor need to sign an addendum. It is your responsibility to read and understand any contract you sign. Get legal assistance if you do not understand something in a contract.
what is a contract meeting
A legal contract is binding. If you break the contract without having the legal right to do so as set in the terms of the contract or by having the contract declared void by a court, the other party has the right to sue you in order to be compensated for the value of the contract.
The definition of a contract is an agreement (verbal or written down) between two parties.