0
What else can I help you with?
What is a commercial contract for?
A commercial contract is a contract the performance of which contemplates a commercial transaction of some kind. In the U.S., contracts for the sale and conveyance of goods are subject to Article 2 of the Uniform Commercial Code, as enacted in the relevant State's statutes.
How do you evaluate performance in a contract?
performance under a contract must be exactly as it was outlined in the contract
What are the different type of building contracts?
Domestic and Commercial building contract http://www.constructionofficeonline.com WRONG! in domestic there are 2 types of contracts. For homes under $500,000 you would use a new homes contract. For all homes above that price, you would use a cost plus contract.
What are the reasons for checking the professional reputation of commercial building contractors?
The reasons for checking the professional background and reputation of commercial building contractors is for your own peace of mind. There are far too many conman doing contract work and doing it very poorly.
Is it legal to charge more for moving electrical panel for a kitchen remodeling after the contract with an agreed priced is signed?
No its illegal as u have entered into a contract
Does delay of time for performance lead to breach of contract?
No, normally there is no expectation of a time limit on the performance of a contract. If there is, it must be negotiated at the time the contract is formed
What Is partial performance legal?
Generally, complete performance is required to discharge the contract. Anything less is called 'Partial' performance and amounts to a breach of contract.
What is meant by commercial activity?
# A commercial activity is one which is operated by a Federal executive agency and which provides a product or service that could be obtained from a commercial source. Activities that meet the definition of an inherently Governmental function provided below are not commercial activities. A representative list of commercial activities is provided in Attachment A. A commercial activity also may be part of an organization or a type of work that is separable from other functions or activities and is suitable for performance by contract. # A conversion to contract is the changeover of an activity from Government performance to performance under contract by a commercial source. # A conversion to in-house is the changeover of an activity from performance under contract to Government performance. # A commercial source is a business or other non-Federal activity located in the United States, its territories and possessions, the District of Columbia or the Commonwealth of Puerto Rico, which provides a commercial product or service. # An inherently governmental function is a function which is so intimately related to the public interest as to mandate performance by Government employees. Consistent with the definitions provided in the Federal Activities Inventory Reform Act of 1998 and OFPP Policy Letter 92-1, these functions include those activities which require either the exercise of discretion in applying Government authority or the use of value judgment in making decisions for the Government. Services or products in support of inherently Governmental functions, such as those listed in Attachment A, are commercial activities and are normally subject to this Circular. Inherently Governmental functions normally fall into two categories:
Remodeling rental properties?
I would like to do a remodel contract on my summer home. Is this a problem for most rental properties?
What is substantial contract performance?
A performance of the term of a contract that is deficient in some minor way. Court decides whether contract is discharged. Innocent party does not have to pay for what was not done.
Explain the difference between complete and substantial performance?
Complete performance under a contract is when a party performs exactly as they were supposed to under the contract. Substantial performance is when a party performed but there was a minor deficit in their performance
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.
