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What is the noun verb and adjective of the word contract?
The word 'contract' is both a verb and a noun.The verb to 'contract' is to make smaller or to become smaller; to acquire or incur; to enter into a formal agreement; a word for an action.The noun 'contract' is a word for an oral or written agreement between parties; a document on which an agreement is written; a word for a thing.The noun forms of the verb to contract are contractor, contraction, and the gerund, contracting.The adjective forms of the verb to contract are contractible, the present participle, contracting, and the past participle, contracted.
What are the five elements which must be present in a contract to make it valid?
Agreement Consideration Legal Object Competent Parties Legal Form
Is an oral agreement to extend a contract enforceable in Florida?
It depends on what the contract is for. If you are agreeing to anything involving real property, the contract must be in writing to be enforceable. However, oral contracts are enforceable for many things.Added: With the exception noted above, in certain instances [i.e.: if witness(es) was present at the agreement and can testify to it], it may be.
What tax condition must hold in order for a financial lease transaction to generate positive net-present-value tax benefits for both the lessor and lessee?
"Leasing is only beneficial when the present value of the benefits of leasing exceeds the present value of the costs of leasing." - Corporate Financial Management, Third Edition, by Douglas R.Emery, John D.Finnerty, and John D.Stowe
For small claims verbal contract how can I win in court if I have no written agreement or witnesses?
In order for you to win in small claims court, you need to be able to convince the judge that its more likely than not that you had a verbal contract and the other party didn't fulfill their end of it.
True or false under the statutes of frauds any contract that is not in writing is void?
According to the statute of frauds, the agreement may be verbal if a witness is present and is sworn under oath.
How much does a lawyer need to be present during a buy sell agreement?
If you are planning on making a buy sell agreement, a lawyer should be present so that any legal aspects will be covered. The time necessary for him to be present would depend on his familiarity with the agreement beforehand.
What was the case between Griffith v Fleming and how did the court rule such case?
Griffith v. Fleming was a legal case concerning the enforcement of a contract and the issues surrounding its validity due to the lack of a signed agreement. The court ruled in favor of Griffith, determining that the essential elements of a contract were present despite the absence of a formal signature. The decision emphasized that mutual agreement and consideration were sufficient to uphold the contract. This case highlighted the importance of intent and the actions of the parties involved in establishing contractual obligations.
Can your room mate sue in small claims if there was no written contract?
No, if the contract never existed than he/she should get a lawyer present to discuss the matter t hand. Certainly they can sue. Whether they will be successful will depend on the agreement and what can be inferred from the actions of the parties. Paying rent and its acceptance certainly would indicate some sort of understanding and a contract could be inferred.
What are the 3 elements that must be present in a breach of contract claim?
In a breach of contract claim, three elements must be present: 1) the existence of a valid contract, 2) a failure by one party to fulfill their obligations under the contract, and 3) resulting damages or harm suffered by the other party.
What is implied and express condition?
'Conditions' and Warranties' may be either express or implied. They "express" when the terms of the contract expressly state them. They are implied when, not being expressly provided for. Express conditions are those, which agreed upon between the parties at the time of contract and are expressly provided in the contract. The implied conditions, on the other hand, are those, which are presumed by law to be present in the contract. It should be noted that an implied condition may be negated or waived by an express agreement. GIVEN BY-SYED ASIF MEHDI
If a pk of bc pills expires at end of present month are they still good after that date?
No, i had a pack that was expired and i talked to my pharmacist about it and she said that they will NOT work if they are expired and there is a chance you can get pregnant. I would not take them after the expiration date.
