Showing 1–8 of 10 results
Showing 1–8 of 10 results
Formal contract by which a seller agrees to sell and a buyer agrees to buy, under certain terms and conditions spelled out in writing in the document signed by both parties. An invoice, for example, is a contract of sale. Determines the terms of sale between buyer and seller.
A Deed of Guarantee is a document where one person agrees to be responsible for someone else’s mortgage obligations if that person fails to carry out their own obligations. It is usually used when a lender has reservations about the ability of a borrower to repay mortgage instalments and requires another, usually more financially secure person, to guarantee the loan.
Hire purchase agreements are agreements whereby an owner of goods allows a person (the hirer), to hire goods from him for a period of time by paying instalments. The hirer has an option to buy the goods at the end of the agreement if all instalments are being paid. It determines the rights and responsibility of parties and binds the party.
A joint venture (JV) is a business arrangement in which two or more parties agree to pool their resources for the purpose of accomplishing a specific task. This task can be a new project or any other business activity. It determines the rights and obligation of both the parties and binds both the parties.
Settlement agreement between employer and employee therein specifying the terms of settlement. It governs the terms and condition of settlement agreed upon by the parties.
A memorandum of understanding (MOU) is a formal agreement between two or more parties. It expresses mutual agreement on an issue between the parties. It is used to determine the intention of the transacting parties before a deal is signed between them. MOUs are not legally enforceable, but are viewed as serious document by the law. MOUs are often the first stage in the formation of a contract.
A document containing an agreement that details the rights and obligations of each partner participating in a venture. For example, a deed of partnership could specify how proceeds from the partnership's business are to be divided among the partners. It determines the terms and condition between partners and binds them.
A retainer agreement is a work for hire contract. It falls between a one-time contract and full-time employment. Its distinguishing feature is that the employer pays in advance for work to be specified later. It determines the terms and condition of retainer and the client.
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