receive the deposit. With life insurance, the insured has the right at any time to change the party in whose favor the contract has been concluded. If the third party has refused the right given to him by the contract, the person who concluded the contract may take advantage of this ...
1. A legal agreement between two parties in which each agrees to do, make, buy, or sell a good or service, or in which one party grants a right or undertakes an obligation, often in exchange for afee. A contract is less commonly called a binding agreement. See also:Option contract,Fut...
Discharge Of a contract; Disjunctive; Equity of a redemption; Exchange; Guaranty; Impairing the obligation of contracts; Insurance; Interested contracts; Item; Misrepresentation; Mortgage; Mixed contract; Negociorum gestor; Novation; Obligation; Pactum constitutae, pecuniae; Partners; Partnership; Pledg...
Describe and compare procurement control and methods of purchase and contract control. Give examples of at least two purchase and contract control methods in-use on a project. Explain the concept of international credit insurance and explain how it ...
Misclassifying the Insurance Policy: The Unforced Errors of Unilateral Contract Characterizationcontractsinsuranceinsurance policypolicy constructionInsurance policies are traditionally classified as unilateral or "reverse-unilateral" contracts, a characterization we find largely incorrect, with problematic consequences...
Wouldn’t a unilateral contract potentially open the first party open to acceptance of the contract by more than one other party? I don’t think that this would be the case with the lawnmower example that the article talks about; here two specific parties are involved. ...
Definition of unilateral contract in the Financial Dictionary - by Free online English dictionary and encyclopedia. What is unilateral contract? Meaning of unilateral contract as a finance term. What does unilateral contract mean in finance?
Uninsured motorist insurance Unintentional Tort Uninvested Union Busting Union Contract Union de Paises Exportadores de Banano union dues Union Label union mark-up union mortgage clause Union of Shop, Distributive and Allied Workers Union Recognition ...
Insurancepolicies have unilateral contract characteristics since the insurer promises to pay if certain acts occur under the terms of a contract’s coverage. In an insurance contract, the offeree pays a premium specified by the insurer to maintain the plan and receive coverage if a specific event ...
Moreover, it notes that could should reject the presumption that insurance contracts are unilateral, rather should persist being faithful to contract law's preferences.BehProfessorHazelProfessorStempelProfessorJeffreyProfessorW.ProfessorCardozo Law Review...