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What types of law come under the provisions of the Contract Clause?
Wiki User
∙ 9y ago
The Contract Clause of the United States Constitution covers contract law. The clause was created to keep states from using "private relief" to allow certain individuals an escape from their financial obligations. The Contract Clause prevents states from enacting laws that impair legal contracts.
Wiki User
∙ 9y ago
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What are the exclusion clause?
A term included in a contract that seeks to limit the liability of a party under the contract
What is a provision in a contract mandating that all disputes arising under the contract be settled by arbitration called?
The provision in a contract mandating that all disputes arising under the contract be settled by arbitration is called a binding arbitration clause.
Would a non compete clause be null and void under the circumstance that an independent contractor contract was not signed?
Yes, all clauses would be null and void if the original contract this was based on was not signed. There is no need for a non compete clause if there is not a contract.
What makes an exclusion clause valid?
An exclusion clause is valid if it is clear and unambiguous, brought to the attention of the parties before or at the time of entering into the contract, and not contrary to public policy. Additionally, the clause must be reasonable and fair in the circumstances.
Does your contract need renewing when you become a team leader?
Cannot be answered here! Only YOU know the provisions of the contract under which you are employed. If you do not understand it, you need to retain an attorney who can assist you.
Explain provisions of unilateral mistake under Indian contract act?
Unilateral mistakes are said to occur when only one party is at mistake regarding the essential facts of a contract.
Is the word provision a verb or noun?
The word 'provision' is both a noun (provision, provisions) and a verb (provision, provisions, provisioning, provisioned). Examples:Noun: We've stocked the pantry with provisions in preparation for the blizzard.Verb: We're under contract with the government to provision socks to the Navy.
What if you break the no compete contract?
Breaking a "no-compete" provision of a contract will subject the person breaking it to a lawsuit for damages under both a breach of contract action and the tort of interference with business opportunity action. Those damages would be reimbursement to the other party for all income it lost because of the violation of the no compete clause. Many no-compete contract provisions will also state other types of damages that could be recovered, such as forfeiting all income earned and paying attorneys' fees. There might also be punitive damages. Punitive damages are not a usual remedy for breach of contract cases, but they are a remedy for intentional torts as interference with a business opportunity most likely is.
What is cut off time in a contract?
there is no cut-off time for a contract unless it included a 'time is of the essence' clause. If you want to sue under a contract, it should be within two years of the time you should have known there was a breach.
Is the right to delegate duties under the contract automatically barred in a contract containing a non-assignment clause?
The question is somewhat unclear. If the questioner is stating that Party "A" wrote a contract with Party "B" with a non-assignment clause, that means that Party "B" could not then go and sell the contract, in its entirety to Party "C." Whether or not the non-assignment clause allows Party "B" to sub out any work (as long as Party "B" remains responsible for the overall completion of the job) would depend on the specific wording contained in the contract.
Is contract on plain paper enforceable under law?
In most places a written contract is enforceable. There are places where you have to contract on stamped paper for certain types of agreements.
What are the gap filing provisions in the UCC?
gap fillers under the UCC are default provisions which provide for rules to be enforced between parties to a contract if the court determines that a contract exists between the parties but that contract is silent in regard to certain important terms like price or time of delivery. The UCC gap fillers can be found in U.C.C. sections 2-307 through 2-310.
