Search results
Results from the WOW.Com Content Network
The two contracts with the EU and the UK both included ″best effort″ clauses. [21] When the Oxford–AstraZeneca vaccine was approved for use in the United Kingdom on 30 December 2020, vaccinations began to be rolled out.
Many nations have rigid systems of penalties, including the use of bank guarantees, while other nations believe in continued negotiations that are based on "the best effort" clauses. The list of incentives and penalties for offset is no different from many other systems of procurement, with two remarkable exceptions:
For example, a promise of the form, "I will give you ten dollars if I feel like it," is purely illusory and will not be enforced as a contract. It is a general principle of contract law that courts should err on the side of enforcing contracts. [ 1 ]
A recent decision by the Delaware Court of Chancery provides important guidance on two types of contractual provisions that routinely appear in complex purchase agreements—efforts clauses and ...
A Most-Favoured-Customer Clause (MFC) is a contractual arrangement between vendor and customer that guarantees the customer the best price the vendor gives to anyone. The MFC prevents a company from treating different customers differently in negotiations.
For example, the Commonwealth of Massachusetts will assess punitive damages under Chapter 93A which governs unfair and deceptive business practices, and a party found to have violated the covenant of good faith and fair dealing under 93A may be liable for punitive damages, legal fees and treble damages. [2]
The best laundry detergent sheets of 2025. AOL. Where to shop today's best deals: Kate Spade, Amazon, Walmart and more. AOL. The best under-$50 clothing items to buy at Amazon right now.
Sometimes contains an Arbitration clause detailing the dispute resolution process and limited rights to take a claim to court; Disclaimer/Limitation of liability, clarifying the site's legal liability for damages incurred by users; User notification upon modification of terms, if offered