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A contract is an agreement between two or more parties. Some are not legally enforceable. Such rules and laws will be embodied in the legal code of the country.
A contract may not be legally enforceable but may a be moral or ethical matter for the parties involved.
Countries have different regulations for contracts. For instance, some countries insist that all parties are of legal age (for that country).
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What has the author Derek Stephen Drew written?
Derek Stephen Drew has written: 'The effect of contract type and size on competitiveness in construction contract bidding'
If you employ 2 persons must they have a written contract?
You do not HAVE to have an employment contract unless local law or regulations require it for your industry. It is advisable not to have an employment contract if you are not required to as lack of a contract preserves considerable authority and decision-making leeway for the employer.
What type of law covers written and oral agreements?
Contract law.
How long do you have to rescind a written contract for legal services?
It depends on the type of contract (goods, real property, service?) and any written or oral agreements made with it.
What has the author Lewis Blackwell written?
Lewis Blackwell has written: '20th Century Type' -- subject(s): History, Type and type-founding, Printing 'Soon' 'International Contract Design 2 (International Contract Design)' 'David Carson: 2nd Sight'
What type of authority is based on written rules is reasonable and is agreed to by the people?
Rational-legal authority is based on written rules and is considered legitimate because it is deemed fair and agreed upon by the people. This type of authority operates within a framework of established laws and regulations that are adhered to by both the government and the governed.
What type of contract the terms can be inferred from the actions of the people involved?
The type of contract where the terms can be inferred from the actions of the people involved is called an implied contract. In implied contracts, the parties' actions and conduct create an agreement, even though it may not be explicitly stated in written or verbal terms. The terms of the contract are understood based on the actions and behavior of the parties involved.
What is written expressed authority in insurance terms?
Written expressed authority in insurance refers to the explicit powers granted to an agent or broker by an insurance company, typically outlined in a written agreement or contract. This authority allows the agent to act on behalf of the insurer, such as binding coverage, collecting premiums, and processing claims. It contrasts with implied authority, which is not formally documented but is assumed based on the agent's role and responsibilities. Understanding this distinction is crucial for both insurers and clients to clarify the scope of the agent's powers.
What powers are directly given to a producer in an agency contract are called?
The powers directly given to a producer in an agency contract are referred to as "express authority." This authority is explicitly outlined in the contract and allows the producer to act on behalf of the principal in specific matters, such as negotiating deals or making decisions related to the production. Express authority is distinct from implied or apparent authority, which may arise from the producer's role or the context of their actions.
What are the three types of conditions?
the three type of condition for contract are 1.considerations. 2.agreement should be between two party in written. 3.contract should be law full.
When does an agreement become contract?
An agreement becomes a contract when there is an offer, acceptance and consideration. Absence of a written contract does not prevent a contract from being form. A contract can be both expressed or implied. Written or verbal.
What is the act of breaking a written contract?
The specific term for the "act" of breaking a written contract is "breach."
