Before exporting excavators overseas, you need to determine whether an export license is required. According to Chinese laws and regulations, exporting certain types of machinery may require an export license. This is an essential step to ensure that the export is legal and compliant. Failure to o...
Elements are common in both civil and legal constructs. Over time and case law, the commonalities of contracts have been developed and maintained.Answer and Explanation: A contract is generally legally valid if the following elements are met: 1. An offer must be made. 2. That offer must ...
contractors. Nonemployees are individuals that are not employees who are used by a business to do work. They can typically control or direct the outcome of the work but notwhatwill be done orhowthe work will be done. Contract workers are also typically required to pay self-employment taxes....
There’s an existing legal obligation:If a reward were offered for capturing a wanted suspect, a police officer wouldn’t be able to claim the reward because they’re legally obliged to catch criminals. How does consideration work in a contract? Consideration ensures that every party involved in...
In order to sign up for a what3words account (including w3w.community), you must be at least 13 years of age, or any greater age as is required by applicable laws in your country. Creating an account with false information, or registering an account on behalf of someone who is underag...
Life insurance is a legal contract between you and an insurance company. When you die, it provides a tax-free financial payout to beneficiaries of your choosing. In exchange, you make regular premium payments to your insurer for as long as the policy is active. ...
Proforma applies to invoices that have not yet been finalized, i.e. the proforma invoice does not have the invoice number required for all legal invoices. Unlike invoices, proforma invoices are quotes that outline the goods or services that the seller has agreed to sell. ...
Specific performance: You can compel the contractor to complete the work required by the contract. Other remedies: If the contractor tricked or forced you into signing the contract, you might convince a court to terminate the agreement or amend its terms. ...
A countersignature is an extra signature that is added to a contract or other document that has already been signed. The countersignature serves to authenticate the document, or in the case of a check, to deposit or cash it. Countersignatures are often required on rental and mortgage application...
Consideration: A price or value exchanged must be clearly stated in the contract and describe how both parties benefit from the agreement. Though some verbal agreements are enforceable, written form is required for contracts involving a significant consideration, debts, or real estate property as well...