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What is full form of fidic?
Federation Internationale des Ingenieurs Conseils
What is difference between terms and conditions?
Terms >>> implied terms conditions >> "do this and you'll get that" normally under a contract
Is a promissory note the same as a written contract?
A promissory note is a kind of written contract. The statutues and conditions under which it can be enforced are determined by the laws of the state in which it is drafted.
Does someone take possession of property when contract is signed?
Signing a contract does not automatically transfer possession of property; possession typically occurs when the parties fulfill the terms of the contract, such as closing on a real estate transaction. The contract outlines the conditions under which possession will be granted, which may include payment and other contingencies. Until those conditions are met, the original owner usually retains possession. It’s important to review the specific terms of the contract to understand the timeline and process for possession.
What are the terms and conditions of the payment contract for the car?
The terms and conditions of the payment contract for the car outline the amount to be paid, the payment schedule, interest rates, late payment penalties, and any other relevant details regarding the financial agreement for purchasing the car.
Is a letter of acceptance a legal document in construction based on FIDIC conditions of contracts?
Yes, it is Yes, it is better to accept the contract so that you have the legal document on your part.
If letter of intent referes to FIDIC then the letter of intent can be considered as a formal contract?
yes
What has the author Nael G Bunni written?
Nael G. Bunni has written: 'The FIDIC form of contract' -- subject(s): Building, Contracts (International law), Contracts and specifications, Engineering, Engineering contracts, International Federation of Consulting Engineers, Letting of contracts, Standardized terms of contract 'The FIDIC forms of contract' -- subject(s): Engineering contracts, Standardized terms of contract
In which major section of the contract is the time duration specified?
in special conditions
What organization is known by the acronym FIDIC?
FIDIC is an acronym commonly used to refer to the Feredation Internationale Des Ingenieurs-Conseils. FIDIC are a French based international standards organization for construction workers and the construction industry.
Under FIDIC red book if the work is executed as per instructions given by the engineer's representatives can the engineer reject that work afterward?
The following is from the International Federation of Consulting Engineers (FIDIC*)2006 Red Book, section 7.5, "Rejection": "Notwithstanding any previous test or certification, the Engineer may instruct the Contractor to: (a) remove from the Site and replace any Plant or Materials which is not in accordance with the Contract, (b) remove and re-execute any other work which is not in accordance with the Contract, and (c) execute any work which is urgently required for the safety of the Works, whether because of an accident, unforeseeable event or otherwise."So, the answer is, "Yes, the engineer has the right to reject work afterward." For further information, refer to the FIDIC link, below (n.b., it is a download website; the download of the PDF (Acrobat) file is free). * (FIDIC - Federation Internationale Des Ingenieurs-Conseils)
What is full form of fidic?
Federation Internationale des Ingenieurs Conseils
All contract are agreements elucidate?
A major legal requirement for a contract to be valid is that all parties mutually agree to all terms and conditions. Obligations of a "contract" that is imposed on a party involuntarily is not a contract at all. This is why many believe involuntary taxation can never be legal or ethical since, by this understanding, it amounts to theft.
Why is terms and conditions of a contract so important?
Terms and conditions are important in a contract because they establish what is expected of both parties. When someone is in violation of the contract's terms and conditions, the other party may sue for a remedy.
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.
What major function to contract?
muscle
How do I get out of a health club contract?
Depending on the contract terms in conditions. If you are looking to get out just to get out it will be pretty costly such as breaking a cell phone contract.
