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How does the provision inure to the benefit of successors and assigns in this contract?

The provision benefits future parties who may take over the contract.


What contract provision relieves a party to the contract from liability is known as?

limitation of liablity


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.


What provision does the law allow if a party to a contract fails or refuses to perform it?

contract is terminated


Why can't you get out of your timer share?

A contract provision that relieves a party to the contract from liability is known as


What is an example of the word provision used in a sentence?

I declined the contract due to a certain provision. It may take all day to provision the boat.


What are provision of services called?

Provision of services is like a contract that is made between two people or organizations.


How do you draft a contract to permanent provision?

Am looking for either (Permanent or contract) but still I will prefer Permanent if I have a choice.


Can a buyer cancel a real estate contract?

The purpose of a contract is to make the agreement binding on the parties. There are generally provisions in a contract that allow cancellation under specific conditions. They revolve around contingencies, most commonly an inspection and financing. Beyond that a buyer can cancel a contract but will likely lose any deposit. Even then it is possible for the seller to sue for nonperformance.


The entire life insurance contract provision is not complete without a copy of?

Application


What is entire contract provision?

federal tax rate on modified endowment contracts


What does contractual provisions mean?

When there's a condition in the contract that requires one side to do (or refrain from doing) an action by a certain time, you have a contract provision.