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Examples of contract with a penalty clause?

Example of penalty


In the state of Pennsylvania is a prepayment penalty legal?

The state of Pennsylvania requires that any prepayment penalty be stated in the contract. When the prepayment penalty is stated in the contract it becomes legal.


What sport do you use the term penalty shot?

The term penalty shot is used in ice hockey and polo. In soccer, the term penalty kick is used.


How do you spell brevance pay?

The term sought may actually be "grievance pay" (a penalty paid to union employees in compensation for a violation of a union contract agreement).


Is a large financial penalty for breaching my employment contract legal?

In many situations, a financial penalty for breaching an employment contract due to early termination is enforceable. However, courts have found that a penalty for breaching a contract that is excessive and therefore coercive may not be enforceable. If you have questions about the enforceability of a financial penalty term in your employment contract, talk to an Ohio Employment Lawyer at Mansell Law. Coercive contracts like those described herein are often present in the healthcare industry. It is especially common for companies to recruit nurses from foreign countries, offer to pay for and sponsor their Visa to work as a nurse in America, and then impose significant financial penalties if the nurse leaves his or her employment before the end of the contract term. In some of these situations, courts have found that these contractual penalties are unenforceable because they violate the Trafficking Victims Protection Act (TVPA).


What is the term contract?

contract is contract


What is the term of contract?

contract is contract


What happens if I can't repay an easy payday loan on time?

When you signed your contract for a loan, by law there should have been an obvious penalty clause that explains the interest penalty if you are late repaying the loan. This is typically includes both a flat fee and an incresase in your interest rate. Your contract will have your specific details. If you cannot repay a payday loan on time, then you will be charged a penalty by the lender. What the amount of the penalty is, depends on the contract you signed with your lender.


What are some ways to get out of a contract with broadband providers w/o a penalty?

Very rarely can people get out of a contract for a broadband provider without a penalty. You can try by voicing any complaints you have with the company or asking your new service provider if they will pay the fee for breaking the contract if you switch to their company.


Can I have T-Mobile buy me out of my Verizon contract then leave T-Mobile after one month then get the new Apple yearly upgrade plan?

No... T-Mobile will buy you out of your Verizon contract - BUT - you will then be tied to T-Mobile for their minimum contract term. If you then leave T-Mobile before your minimum contract ends - you will pay a 'penalty' pf any whole unused months !


Can the renter cancel the home lease contract after sign the lease contract for lease the house?

Yes it is possibly to break the contract however you will most likely have to pay a penalty fee for breaking the contract.


Can i cancel apartment lease before it begins?

This will all depend upon what the contract says. If you signed a contract, you may be held to the lease or have to pay the penalty within the contract.

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