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  2. Contract - Wikipedia

    en.wikipedia.org/wiki/Contract

    A contract is implied in fact if the circumstances imply that parties have reached an agreement even though they have not done so expressly. For example, if a patient refuses to pay after being examined by a doctor, the patient has breached a contract implied in fact. A contract which is implied in law is sometimes called a quasi-contract.

  3. Impossibility of performance - Wikipedia

    en.wikipedia.org/wiki/Impossibility_of_performance

    The doctrine [1] of impossibility or impossibility of performance or impossibility of performance of contract is a doctrine in contract law.. In contract law, impossibility is an excuse for the nonperformance of duties under a contract, based on a change in circumstances (or the discovery of preexisting circumstances), the nonoccurrence of which was an underlying assumption of the contract ...

  4. Automatic renewal clause - Wikipedia

    en.wikipedia.org/wiki/Automatic_Renewal_Clause

    An automatic renewal clause is used in the insurance and healthcare industries . An automatic renewal clause (also referred to as an evergreen clause), is activated towards the end of the contractual period whereby it automatically renews the terms of an agreement except when the contract is terminated (through mutual agreement or contract breach), or one of the contracting parties has sent a ...

  5. NYT Tech Guild reaches agreement with leadership after years ...

    www.aol.com/nyt-tech-guild-reaches-agreement...

    The New York Times Tech Guild reached a tentative contract agreement with management Wednesday, a month after its election week strike.. The NewsGuild of New York, which represents the Times Tech ...

  6. Drug distributor Cardinal Health to lose OptumRx contracts

    www.aol.com/news/cardinal-health-says-contracts...

    The Optum contracts, signed in 2015, contributed 16% of Cardinal's total revenue in fiscal year 2023, but the bulk of the shipments mainly comprised non-specialty medicines, Cardinal Health said.

  7. Condition subsequent - Wikipedia

    en.wikipedia.org/wiki/Condition_subsequent

    A condition subsequent is a philosophical and legal term referring to a defined event which terminates a proposition or a contractual obligation. [1] [2] In contrast to a condition precedent, a condition subsequent brings the event (or obligation) to an end, rather than being necessary for to the event or obligation to occur.

  8. Texas Rangers and RHP Nathan Eovaldi finalize $75 million, 3 ...

    www.aol.com/texas-rangers-rhp-nathan-eovaldi...

    Nathan Eovaldi and the Texas Rangers finalized a $75 million, three-year contract Thursday that keeps him in their starting rotation. The right-hander was the winning pitcher for Texas in its 2023 ...

  9. Employment contract - Wikipedia

    en.wikipedia.org/wiki/Employment_contract

    Open-ended employment contracts are also called permanent, indefinite, or continuing contracts as they are typically used for long-term employment situations (University of Strathclyde, 2013). This type of employment contract may be terminated if either party gives appropriate notice to the other party or in specific instances such as health ...