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What are the advantages and disadvantages of a turnkey contract?

A turnkey contract is one in which an independent agent agrees to furnish materials and labor to finish a project and then turn it over to the owner for a fixed price. Advantages for the business owner: No outlay of cash until the project is done. Advantages for the one making the project: Gets a lump sum payment when the project is turned over to the owner. Disadvantages for the owner: Trusting someone else to deliver a quality project. Disadvantages for the maker of the project: Outlay of cash for materials at the start.


What is the difference between contract of sell from contract of sale?

"Contract of sell" is just "contract of sale" misspelled.


One of the main disadvantages of buying a franchise is that you may end up?

For every kind of Business comes both disadvantages and advantages. A Franchise is no different. You basically want to make sure the pros outweigh the cons by effectively researching Franchises, so you can cover all of the bases. One of the disadvantages of buying a Franchise is that certain companies may require you to engage into a contract of cohesion, although highly nonviable it is always recommended to hire a Franchise Lawyer to check into the degree of a Franchise cohesion contract, before contemplating on a purchase. I would recommend reading an article written by Nancy Adler provided under related links below which can give you a clear insight on how to choose the right Franchise. you end up feeling like an employee


Advantages and disadvantages of primary cells?

what are the advantages and disadvantages primary cells?


Advantages and disadvantages of retail market?

The disadvantages of Retail Marketing

Related Questions

What difference between indemnity and contract and contract of guarantee?

A contract of guaranty is a collateral undertaking, and presupposes an original contract; while a contract of indemnity is original and independent. In a contract of indemnity, the undertaking is to make good and save harmless the person, with whom the contract is made, upon an obligation of such person to a third person; while, in a contract of guaranty, the obligation is to answer for the debt, default, or miscarriage of another to the person with whom the contract is made.


What is Joseph's strongest argument to explain why the bank cannot enforce the guaranty?

Joseph's strongest argument may be that the bank failed to provide consideration for the guaranty, making it legally unenforceable. Without an exchange or promise of something of value in return for the guaranty, it may not be considered a valid contract. Additionally, Joseph could argue that the bank did not follow proper procedures or provide him with adequate information before he signed the guaranty.


When did Guaranty Bank end?

Guaranty Bank ended in 2009.


When was Comics Guaranty created?

Comics Guaranty was created on 2000-01-04.


When was SafeGuard Guaranty Corporation created?

SafeGuard Guaranty Corporation was created in 2005.


What is the symbol for Guaranty Bancorp in NASDAQ?

The symbol for Guaranty Bancorp in NASDAQ is: GBNK.


When was Prudential - Guaranty - Building created?

Prudential - Guaranty - Building was created in 1894.


What is Guaranty Trust Bank's population?

The population of Guaranty Trust Bank is 2,010.


What is the routing number for Guaranty Bank in Illinois?

the routing number for Guaranty Bank in Illinois is: 071974408


What are the advantages and disadvantages of past consideration?

The advantages of consideration in a valid contract


When was Mortgage Guaranty Insurance Corporation created?

Mortgage Guaranty Insurance Corporation was created in 1957.


What is the symbol for Assured Guaranty Ltd in the NYSE?

The symbol for Assured Guaranty Ltd. in the NYSE is: AGO.