A Standby Contract is an agreement put in place prior to an event that establishes what the price of the resource was the day before the emergency event occurred.
Condition precedent is a term in a contract that means the parties do not have to perform under the contract until a certain event takes place. Condition subsequent means that a contract is in effect until a particular event takes place.
hat event is regarded as the moment the Court began to move away from its notion of liberty of contract
The photographer will have a standard contract, which you can review before adding details of the assignment. The rate will be hourly or a a single rate for the event, depending on the agreement and the services. The contract will detail the services, what the photog will provide, what the other parties will provide, etc. As with any contract for service, the basic contract will state that the parties agree to what is contained in the contract, and both parties will determine what that is.
That depends on the wording in the contract. If the wording states that you must receive a service or item for a particular event, but if the event does not happen then you don't have to pay, then obviously the other side could not complete their obligation and then you could choose to not pay them. This would give them a way out to re negotiate the contract. If they already completed what was required of them, then they likely would have to complete take what was originally agreed unless something in the contract allows them to change it somehow. It's really all about how the contract was worded. I suggest you consult with an attorney so that they can read the contract and further advise you.
Purkinje fibers
You will need a co-signer since you are under age. A co-signer is one who will accept responsibility for the contract in the event that the signer (you) becomes unable to maintian the contract.
This is when two parties in a contract cannot sue each other over the same event. They indemnify each other.
This is when two parties in a contract cannot sue each other over the same event. They indemnify each other.
A contingent contract is a contract to do or not to do something if some event. Collateral to such contract, does or does not happen. Insurance contract provide the best example of contingent contracts.Example:A contracts to pay B Rs. 10,000 if B's house is burnt. This is a contingent contract.A promises to B Rs. 1 crore if a certain ship does not return within a year.Essential features of a contingent contractDependence on a future event: The performance of a contingent contract depends upon the happening or non-happening of some future event.Collateral Event: The event must be collateral to the contract.Uncertain Event: The event must be uncertain.Note:The performance of a contingent contract must depend upon the happening or non-happening of an event and not on the mere will of the promisor.Rule about contingent contractWhen the contract, based upon happening of future event:For example : A promises to pay B Rs. 10,000 if A's ship coming from London reaches at Mumbai-port on or before 31stMay,2011.Case 1:When the ship reaches at Mumbai-port on or before 31stMay,2011Valid contract(Enforceable law)Case 2: When the ship reaches at Mumbai port after the specified period i.e. 31stMay,2011Void/ UnenforceableCase 3: When the ship sinksVoid/UnenforceableWhen the contract, based upon non-happening of future event:For example : A promises to pay B Rs. 10,000 if A's ship coming from London doesn't reaches at Mumbai-port on or before 31stMay,2011.Case 1:When the ship reaches at Mumbai-port on or before 31stMay,2011 i.e., specified periodVoidCase 2: When the ship reaches at Mumbai port after the specified period i.e. 31stMay,2011ValidCase 3: When the ship sinksValid
The answer to this is in the contract itself. It should say that it is for a particular "term", or that it terminates on a particular date or upon a particular event. If the contract doesn't state, then it probably is terminable by either party immediately.
Do you mean insurance? (A provision, plan, or contract which comes into effect upon the happening of an unwelcome event.)