Ads
related to: different word for conditions of production or sales contract duerocketlawyer.com has been visited by 100K+ users in the past month
A+ Rating - Better Business Bureau
- Business Formations
Protect Your Assets.
Make Your New Venture Official.
- Ask A Lawyer
Get Legal Advice in Minutes. Real
Lawyers. Real Answers. Right Now.
- Business Formations
Search results
Results from the WOW.Com Content Network
For instance, the price of a good, the time of its promised delivery and the description of the good will all be terms of the contract. "Terms" and "conditions", although slightly different in their significance, are often treated together in phrases such as "standard terms and conditions", [2] or "Ts and Cs".
The parties are immediately bound to the bargain, but they intend to restate the deal in a formalised contract that will not have a different effect; or The parties have completely agreed to the terms, but have made the execution of some terms in the contract conditional on the creation of a formalised contract; or
According to the PMBOK (7th edition) by the Project Management Institute (PMI), Fixed Price Economic Price Adjustment Contract (FPEPA) is a "fixed-price contract, but with a special provision allowing for predefined final adjustments to the contract price due to changed conditions, such as inflation changes, or cost increases (or decrease) for special commodities".
In contract law, a contract of sale, sales contract, sales order, or contract for sale [1] is a legal contract for the purchase of assets (goods or property) by a buyer (or purchaser) from a seller (or vendor) for an agreed upon value in money (or money equivalent).
Conditions subsequent can be explicitly stated in the language of a contract, or implied by the nature of an agreement. [3] Implicit conditions subsequent often apply in the case of retail transactions, like point of sale purchases. [3] In property law, a condition subsequent is an event which terminates a party's interest in a property. [6]
Conversely, if market conditions make the contract price a windfall for the buyer, that buyer may decide to buy more than it actually needs in order to go into competition against the seller. Courts often look to the history of dealings between the parties and to the standards within the industry to determine if the buyer is acting in bad faith ...
Get AOL Mail for FREE! Manage your email like never before with travel, photo & document views. Personalize your inbox with themes & tabs. You've Got Mail!
The use of contracts has become attractive to many farmers because the arrangement can offer both an assured market and access to production support. Contract farming is also of interest to buyers, who seek supplies of products for sale further along the value chain or for processing.
Ads
related to: different word for conditions of production or sales contract duerocketlawyer.com has been visited by 100K+ users in the past month
A+ Rating - Better Business Bureau