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How is partnership formed?
A partnership is formed when two or more individuals or entities agree to collaborate and share the profits and losses of a business venture. This agreement can be established through a formal written contract or an oral understanding, outlining each partner's contributions, responsibilities, and profit-sharing arrangements. Legal requirements may vary by jurisdiction, so it’s often advisable to register the partnership and create a partnership agreement to clarify terms and protect the interests of all parties involved.
Do i have to create a written rental agreement to rent out my property?
You probably don't have to (landlord/tenant laws vary by state), but you would be really stupid to rent property without a written agreement.
What if you go over the allotted miles on a lease agreement?
If you exceed the allowed mileage on a lease agreement, you will typically have to pay an additional fee for each extra mile driven. This fee can vary depending on the terms of your lease contract.
Can an employer stop you working for another business should you leave?
It will vary based on two things, what state you are in and what you contract and employee rules are. If your contract or employment agreement has a non-compete clause, you may have restrictions. Sometimes they have restrictions, such as not able to work within 50 miles or for a competitor. Your situation may vary.
What is the statute of limitations under workmanship laws in Missouri?
Written contracts do not have a statute of limitations. The contract itself will specify the length of the agreement. To bring suit on a written agreement as a limit of five years in Arkansas.
Is contract smaller or bigger?
Contracts can vary in size depending on the details and complexity of the agreement being made. Some contracts may be short and straightforward, while others can be lengthy and more comprehensive. The size of a contract is typically determined by the scope of the agreement and the level of detail needed to clearly outline the terms and conditions.
What is the purpose of the parol evidence rule?
The parol evidence rule is used to prevent parties from presenting evidence of prior or contemporaneous agreements that contradict or vary the terms of a written contract. Its purpose is to promote the finality and integrity of written contracts by ensuring that the terms contained within the written document are considered the complete and final expression of the parties' agreement.
What is contract variation?
Contract variation refers to any change or amendment made to the terms or conditions of a contract after it has been agreed upon by both parties. This could involve modifications to pricing, scope of work, delivery timelines, or any other agreed-upon terms in the original contract. It is important to document any variations to ensure both parties are clear on the changes.
Are you responsible to settle the costs of a funeral if you signed at the undertakers for it?
Yes, if you signed a contract with the undertaker for the funeral services, you may be legally responsible for settling the costs. Signing typically indicates your agreement to pay for the services rendered. However, the specific obligations can vary based on local laws and the terms of the contract, so it's important to review the agreement and consult with legal counsel if needed.
What is the statutes of limitations for bad checks in Idaho?
It appears that the person who received the check that was not honored has three years to bring a law suit to recover based on the check. There may also be other causes of action which can ignore the check and go to the underlying contract or agreement. This may have a different statute of limitations
How far into your contract do you have to be before you can get an upgrade?
The ability to upgrade your contract typically depends on the specific terms set by your service provider. Many carriers allow upgrades after a certain period, often around 12 to 24 months into a contract. It's best to check your agreement or contact your provider for exact details, as policies can vary widely.
How long does a contract license last?
A contract license typically lasts for the duration specified within the contract itself, which can vary widely depending on the agreement's terms. Some licenses may be granted for a specific period, such as one year, while others may be perpetual or contingent on certain conditions being met. It's essential to review the contract to determine the exact duration and any renewal or termination clauses.
