Entire agreement, Other Management

Assignment Help:

Entire agreement 

The entire agreement clause must state that the contract is the final, complete, and total expression of the parties' agreement. Such an agreement helps in preventing a party from claiming that there are other promises or terms to the deal that are not explicitly set forth in the written contract, such as oral representations, e-mails or memoranda, and other documents.  

Modification of agreement The modification of agreement clause should state  that the contract may only be modified in writing and signed by all parties. This is done in order to prevent either of the parties from saying that the terms of the written agreement were verbally changed. 

Standard conditions The following are the standard conditions that must be included in project construction contracts: 

  •   Terms of payment. 
  •   Liquidated damages.  
  •   Escalation provisions. 
  •   Variation of unit rates with variation in the estimated Bill of Quantities. 
  •   Compensation basis for extra works. 
  •   Force majeure. 
  •   Suspension. 
  •   Termination. 
  •   Bank guarantees. 
  •   Statutory variations in taxes/duties. 
  •   Works contract tax.  

Related Discussions:- Entire agreement

Meaning and characteristics - types of approaches, Meaning and Characterist...

Meaning and Characteristics: Meaning: The survey method primarily focuses on  the present. In nursing survey approach  is  used  to a great extent.  It  is  a non-experiment

Internal and physical of the catalogue, Internal and Physical of the Catalo...

Internal and Physical of the Catalogue: Internal Form of the Catalogue  As mentioned earlier, according to the internal farm, the two major types of  library catalogues a

Early stage - evolution of catalogue, Early Stage - Evolution of catalogue ...

Early Stage - Evolution of catalogue - library catalogue code: Some such methods though primitive, existed almost until the time the manuscripts came to end and ceased to be t

Debt management policy, ‘The overall objective of debt management is to min...

‘The overall objective of debt management is to minimise the cost of borrowing to the organisation.' Required: I. Explain factors which need to be taken into account, other t

Card system and ledger system, The Ledger System: In this system, the ...

The Ledger System: In this system, the record is kept in the form of a bound register wherein each page is allotted to a  periodical. On top of the page usually, details like

Binding section in library building in library management, Binding section ...

Binding section in library building in library management This section is generally located in the basement or some other obscure area. Machinery, material and equipment for m

Consulting and indents passing - library administration, Consulting: C...

Consulting: Consulting work can be done at prescribed  intervals or as and when needed for placing an  urgent order. For this purpose, subject lists are typed out from the car

Agency method - periodicals procurement, Agency Method: The alternativ...

Agency Method: The alternative to direct ordering with publishers is to acquire the periodicals through a duly appointed subscription agent. A subscription agent is a person o

Help me, What are some study techniques that I can use to study for the ACT...

What are some study techniques that I can use to study for the ACT??

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd