A decision by the arbitral tribunal that the contract is null and void shall not entail ipso jure the invalidity of the arbitration clause. (2) A plea that the arbitral tribunal does not have jurisdiction shall be raised not later than the submission of the statement of defense. A party is...
Depending on the language in your contract, there are usually three routes to go to get rid of your timeshare. The first is to try to sell your timeshare to somebody else, although if you bought your timeshare new this is almost guaranteed to be a financial loss. The second is to try ...
is the Federal Trade Commission (FTC). Its authority to regulate on behalf of consumer protections comes from The Federal Trade Commission Act (FTC Act), which has broad jurisdiction over commercial entities under its authority to prevent unfair or "deceptive trade practices." While the FTC ...
(c) for any purpose that is intended to cause, or may reasonably be considered to cause, a loss of life; or (d) if you are a person, firm or entity: (i) located in any country that is subject to a trade embargo, or has been designated as a terrorist supporting country, by the...
Ethics is a branch of philosophy that studies the difference between right and wrong. All of us have opportunities to choose between right and wrong every day, we see in the business press, getting it wrong can lead to serious consequences, including corporate failure, loss of reputation, fines...
What is an invoice dispute? A disputed invoice occurs when a customer disagrees with the invoice issued by a business and refuses to pay. There can be multiple reasons for this, such as issues with the quality of the goods and services provided, pricing matters, or concerns surrounding the ...
Next, the indemnified party will be notified that there is a claim of loss. Parties may seek legal counsel. Advance payments may be requested and made. Parties will reach a settlement. A typical example of indemnification is car insurance. In this type of agreement, the insurance company typ...
Therefore, the village committee not only needs to provide the management and protection of collective property in the village under its jurisdiction, but also needs to assume the role of agent for the public utilities in the village [73,74,75]. Rural ecological environment governance is an ...
Revenue recognition is generally required of all public companies in the U.S. according to generally accepted accounting principles. The requirements for tend to vary based on jurisdiction for other companies. In many cases, it is not necessary for small businesses as they are not bound by GAAP...
Ex works, free on board, and free carrier are all part of the International Chamber of Commerce's Incoterms. They are used in international trade contracts to outline matters including the time and place of delivery and payment, the time when the risk of loss shifts from the seller to the...