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Hire purchase contract/installments contract. lease

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13y ago

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What are specialty contracts?

Specialty contracts are also known as formal contracts, and must be signed by all the parties involved. A specialty contract must be 'signed, sealed and delivered'. An example of a specialty contract would be the deed to a house.


What are three features of specialty contract?

Oh, dude, specialty contracts? Like, they're contracts that are specialized, obviously. They usually involve unique services or products, you know, something out of the ordinary. And, like, they often have specific terms and conditions tailored to the specialized nature of the agreement. So, yeah, that's basically it.


Does all agreements are contracts?

No, all social agreements or moral agreements are not considered in contracts.


Are all agreement contracts?

No, all social agreements or moral agreements are not considered in contracts.


How are contracts involving a minor considered legally binding and enforceable?

Contracts involving a minor are generally not considered legally binding and enforceable. Minors are not considered to have the legal capacity to enter into contracts, and therefore any contract they enter into can be voided by the minor or their legal guardian.


What are considered to be black contracts?

The type of contracts that are considered to be "black contracts" are those that are complete and accurate and both parties agree on. The term may also used be used as slang for science fiction related purposes.


Distinguish between a specialty contract and a simple contract?

The difference between a simple and specialty contract that a simple contract can be done orally, or in writing. A specialty contract must be signed by the parties and must have a seal attached.


Is marmalade considered a French food?

Marmalade is considered to be an English specialty rather than a French one.


Which would not be considered a government or nonprofit organization?

safeguarding private property and enforcing contracts


What kinds of knives could be considered 'specialty knives'?

The kinds of knives that would considered specialty knives are fillet knives, bread knives and folding knives. "Overstock" has a great selection and give free shipping on orders over $50.


Identify two types of transactions which requires specialty contracts?

Real estate transactions: Buying or selling real estate often involves specialized contracts to address issues such as zoning, property condition, and financing terms. Intellectual property transactions: Licensing patents, trademarks, or copyrights typically requires specialized contracts to outline rights, royalties, and usage restrictions.


Is a thumbs up gesture considered legally binding in any formal agreements or contracts?

No, a thumbs up gesture is not considered legally binding in any formal agreements or contracts. Written or verbal agreements are typically required for a contract to be legally binding.