A general term meaning written down in the way most commonly accepted it depends on the subject: • for numbers it means expanded form (such as 125 = 100+20+5), but in britain it means scientific notation • for equations it means the form: (some expression) = 0 • for a quadratic equation. Unit 21 - p4 - describe the meaning of terms in a standard form contract i achieved a distinction in all my units. Choose the right synonym for contract verb contract, shrink, condense, compress, constrict, deflate mean to decrease in bulk or volume contract applies to a drawing together of surfaces or particles or a reduction of area or length.
2 understand the meaning and effect of terms in a standard form contract 3 understand the impact of statutory consumer protection on the parties to a contract 4 know the remedies available to the parties to a contract. Express contract n a contract in which all elements of a contract are specifically stated (offer, acceptance, consideration), and the terms are stated, as compared to an implied contract in which the existence of the contract is assumed by the circumstances.
It is common for businesses to have standard form written terms which can be quite lengthy it is not a requirement that terms are written in simple contracts, although writing is required in certain types of contract eg contracts for the sale of land, mortgages and consumer credit agreements. Contract 1) n an agreement with specific terms between two or more persons or entities in which there is a promise to do something in return for a valuable benefit known as consideration. Define term term synonyms, term pronunciation, term translation, english dictionary definition of term n 1 a limited or established period of time that something is supposed to last, as a school or court session, tenure in public office, or a prison.
Describe the meaning of terms in a standard form contract [p4] remedy defines an achievement of justice that has a legal right which are involved remedies would be an order by the court that is granted by judgement after trail or hearing by agreement between people who are claiming harm of the person he/she believes that has caused it which is an automatic operation of law. The division of law dealing with contracts also called contract bridge a variety of bridge in which the side that wins the bid can earn toward game only that number of tricks named in the contract, additional points being credited above the line. According to banwell report (1964), the construction industry should formulate and use a single standard-form contract for its entire projects the latham report (1990s) also supported the concept as recommended the engineering and construction contract to be adopted as universal standard construction contracts. Zipper clause:a standard contract clause which precludes any renegotiation of conditions covered in the contract during the life of the contract it is designed to prevent the employer from trying to change the contract before the next round of bargaining. Icoachmath icoachmath is a one stop shop for all math queries our math dictionary is both extensive and exhaustive we have detailed definitions, easy to comprehend examples and video tutorials to help understand complex mathematical concepts.
Unit 21 p4 p5 d1 the meaning of and effects of terms in a standard form contract and the evaluation of the effectiveness of terms in a given contract for p4 and p5, the chosen contract can then be translated into everyday language each learner should use a different contract as this will go some way to ensure authenticity of work. A unilateral right in a contract by which, for a specified time, the government may elect to purchase additional supplies or services called for by the contract, or may elect to extend the term of the contract. Express terms will be those terms in the contract that the parties have negotiated and expressly agreed parties can strike these terms out and re-negotiate until all terms have been agreed the parties have total control over the type of express terms their contract contains.
P4 p5 contractual terms in a standard form contract 2014 essay contractual terms in a standard form contract and the impact of statutes on these terms p4 : describe the meaning of terms p5 :explain the effect of terms. (2) separate contract as used in this definition, means a contract that has been performed by any business, including small and other than small business concerns construction means construction, alteration, or repair (including dredging, excavating, and painting) of buildings, structures, or other real property. 2) implied terms : these are read into the contract by the court on the basis of the nature of the agreement and the parties' apparent intentions, or on the basis of law on certain types of contract.