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What is the purpose of the force majeur clause in a local purchase order?
Wiki User
∙ 13y ago
The force majeur clause of a contract is designed to provide an excuse to any failure to execute the contract due to acts of God and items outside the control of the parties. Fire, Flood, Earthquake, riots and acts of war are commonly listed. Union strikes are another.
Wiki User
∙ 13y ago
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The meaning of force major clause?
http://en.wikipedia.org/wiki/Force_majeure
Where can Alarm Force be purchased?
Alarm force is a security system. You purchase it, and they will install it in your home for you. You can purchase this system, and their monthly support from their website.
Who wrote the elastic clause?
the elastic clause was created so the government could make things that the constition did'nt allow. like the air force.
Where is the location of the elastic clause?
the elastic clause was created so the government could make things that the constition did'nt allow. like the air force.
What is the seller's compensations if buyer does not keep his agreement to purchase real estate?
There are remedies available to the Seller if a buyer does not purchase the real estate as agreed in a written, fully executed contract. These are only available to the seller if the buyer has signed the contract and there are no limiting conditions such as a financial clause, inspection clause, due diligence period, etc. If the buyer breaches the contract the seller may sue to keep the buyer's deposit, sue for damages caused by the buyer breaching the contract, and may also sue for "specific performance" which would force the buyer to purchase and close on the real estate.
What is the purpose of competition?
To act as a regulating force in the marketplace
What is incontestability clause in life insurance policies?
You can find this by looking at the "Incontestable Clause" in your life insurance policy. The "Incontestable Clause" states that after the life insurance policy is in force for two years, the insurance company cannot void it because of misrepresentation or concealment by the insured in obtaining the policy.
What insurance companies cover suicides?
Life Insurance Companies do not cover suicide, subject to the "Suicide Clause" limitation in all life insurance policies. The suicide clause stats that no death payment will be made if an insured commits suicide within the first two years (one year in Colorado) that the policy is in force. This clause protects the insurance company against adverse selection - the purchase of a life isnurance policy in contemplation of a planned death in order for the beneficiary of the life insurance policy to collect the life insurance proceeds.
What is the purpose of the army air force and navy?
They protect the country
What type of force may police employ in carrying out their jobs?
Whatever force is necessary to accomplish a lawful purpose.
Why is a screw an important simple machine?
the purpose of having a simple machine is to make life easier
What power gives congress most creative avenues for expanding their powers?
The elastic clause. Better known as the necessary and proper clause, gives congress the power to stretch their law making abilities. For example, it is written that congress has a right to raise an army or navy. Because there were no planes back then there was no mention of an air force. But the elastic clause implies that congress has the power to make an air force
