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CÂU HỎI HỢP ĐỒNG CHAPTER 4
CÂU HỎI HỢP ĐỒNG CHAPTER 4
Brief
Nationally accepted
The final written version of the contract replaces all previous agreement
between the parties.
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7. What is The Whereas Recital? Why is it necessary? It is the Background/
preamble of the Contract.
When the dispute arises, the judge must ask some background questions
Both parties perform their duties exactly according to the contract and the last duty
is fully performed
One side may have the right under the contract to end contract
10.What is Cancelation?
When one party breaches a contract, the other has the right to demand cancelation
of the contract.
11.What is Rescission?
A panel of three arbitrators, each party appoints one the two parties appoint
the third arbitrator.
- Quick
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- Costs are predictable
- Privacy
17. When a contract does not specify an applicable law, what can decide the law to
apply?