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What is the name of a contract that is drafted by an insurer and receives no input or alteration from the insured is considered?
A contract that is drafted by an insurer without any input or alteration from the insured is considered a "contract of adhesion." This type of contract typically features standard terms and conditions that the insured must accept as-is, with limited negotiation power. Because of this one-sided nature, courts often scrutinize such contracts for fairness and clarity.
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Who type of contract is drafted by an insurer and receives no input or alteration from the insured?
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Is there a loop hole in every contract?
No. The purpose of a contract is to reduce to writing an agreement between the parties. Although poorly drafted contracts are common, there are no loopholes in a well drafted contract.
Can a drafted player refuse to sign their contract?
Yes, a drafted player can refuse to sign their contract, but there may be consequences such as not being able to play for that team or in that league.
What is a Adhesion contract?
A contract of adhesion is where a contract exists wherein the provisions have been drafted giving one pary an unequal bargaining power. A contract of adhesion is where a contract exists wherein the provisions have been drafted giving one pary an unequal bargaining power.
Can a person be drafted in the because he was given financial aid to attend college?
technically if you have accepted money or financial aid to attend college you have entered into a binding legal contract, depending on the terms and the conditions of this contract yes you must fulfill your part of the contract. As for being drafted Congress can determine to reinstate the draft of it's Citizens if it is considered necessary and passed the vote of both the house and senate
How do you get out of a real estate contract?
You need to review the contract that you signed. If you breach a contract you usually lose your deposit. That's the purpose of a contract. Contracts are not usually drafted so that one party can "get out" unscathed.
If buyer requests a release from contract can seller choose to enforce the contract?
A contract, if properly drafted, is enforceable. If the buyer requests a release the seller can negotiate or keep the deposit.
What can a commerical real estate agent do if a customer defaults on a commission?
You should consult with an attorney who can review your situation and your contract. If your contract was properly drafted and signed by the other party you can sue for breach of contract.
Is a promissory note the same as a written contract?
A promissory note is a kind of written contract. The statutues and conditions under which it can be enforced are determined by the laws of the state in which it is drafted.
Do you have to sign with NFL team that drafts you?
No, a player does not have to sign with the NFL team that drafted him. He can choose to not sign the contract.
What constitutes contract law?
Contract law is substantive because it deals with the substantive rights and obligations of parties to a contract (and others whose rights are affected by the contract). Procedure deals with the workings of the court; the form in which pleadings are to be drafted, evidence is received, etc.
What Major League Baseball organization drafted mickey mantle?
Mickey Mantle wasnt drafted, he was signed to a minor league contract with an affiliate of the New York Yankees out of high school. He did however get drafted by the US Army but failed the physical exam and was rejected as unfit for service.
