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Appropriation of Payment | Performance of Contract | Indian Contract | CA CPT | CS & CMA Foundation
 
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Appropriation of Payment, Learn Promise for Performance of Contract, Who can Perform, How to Perform & Other Incidental Topics .For Details Visit https://www.meraskill.com/ca-cpt/law/performance-of-contract WhatsApp Now: 8692900017 http://www.meraskill.com/
Views: 8728 Mera Skill
CONTRACT PAYMENTS &  VARIATIONS
 
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CONTRACT PAYMENTS & VARIATIONS
Contract Law - Consideration
 
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GET THE COMPLETE COURSE FOR $10! - https://goo.gl/MBC7A8 For Private Tutoring: [email protected] Enroll in the Online Law School: https://www.patreon.com/TheLawSimplified Recommended Reading: Q&A Contract Law by Richard Stone (Kindle Edition) - http://amzn.to/2gKXUF7 Q&A Contract Law by Richard Stone (Paperback Edition) - http://amzn.to/2fA8klS Contract Law by Ewan McKendrick - http://amzn.to/2fA7GVp For complete courses, including Spider Graphs and Case Summaries, visit: English Legal System: http://www.udemy.com/learn-english-law/ Criminal Law: https://goo.gl/N1PM61 Contract Law: https://goo.gl/MBC7A8 Constitutional Law: https://goo.gl/wGcMuF Property Law: https://goo.gl/tGExGJ Tort Law: https://goo.gl/GAhG6p Trust Law: https://goo.gl/9JHgRH Intellectual Property: https://goo.gl/4z9eJG Jurisprudence: https://law.vhx.tv Commercial Law: https://goo.gl/r22QDr Conflict of Laws: https://goo.gl/TVzZmj History of English Law: https://goo.gl/A22PDL GET ALL COURSES FOR $69! https://goo.gl/9K5UXs Examination Techniques: ACE Constitutional Law: https://goo.gl/JiHNp7 ACE Contract Law: https://goo.gl/rp4Vh9 ACE Criminal Law: https://goo.gl/swxuCc ACE Tort Law: https://goo.gl/1BLVCe FACEBOOK: http://www.facebook.com/TheLawSimplified GOOGLE+: http://www.plus.google.com/+TheLawSimplified INSTAGRAM: http://www.instagram.com/thelawsimplified
Views: 117092 The Law Simplified
What is BREACH OF CONTRACT? What does BREACH OF CONTRACT mean? BREACH OF CONTRACT meaning
 
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✪✪✪✪✪ WANT VIDEO LIKE THIS ONE? ORDER IT HERE FROM INDUSTRY EXPERTS - http://bit.ly/2IlNl98 ✪✪✪✪✪ ✪✪✪✪✪ The Audiopedia Android application, INSTALL NOW - https://play.google.com/store/apps/details?id=com.wTheAudiopedia_8069473 ✪✪✪✪✪ What is BREACH OF CONTRACT? What does BREACH OF CONTRACT mean? BREACH OF CONTRACT meaning - BREACH OF CONTRACT definition - BREACH OF CONTRACT explanation. Source: Wikipedia.org article, adapted under https://creativecommons.org/licenses/by-sa/3.0/ license. SUBSCRIBE to our Google Earth flights channel - https://www.youtube.com/channel/UC6UuCPh7GrXznZi0Hz2YQnQ Breach of contract is a legal cause of action and a type of civil wrong, in which a binding agreement or bargained-for exchange is not honored by one or more of the parties to the contract by non-performance or interference with the other party's performance. Breach occurs when a party to a contract fails to fulfill his or her obligation as described in the contract, or communicates an intent to fail the obligation or otherwise appears not to be able to perform his or her obligation under the contract. In a "minor" breach (a partial breach or immaterial breach or where there has been substantial performance), the non-breaching party cannot sue for specific performance, and can only sue for actual damages. Suppose a homeowner hires a contractor to install new plumbing and insists that the pipes, which will ultimately be hidden behind the walls, must be red. The contractor instead uses blue pipes that function just as well. Although the contractor breached the literal terms of the contract, the homeowner cannot ask a court to order the contractor to replace the blue pipes with red pipes. The homeowner can only recover the amount of his or her actual damages. In this instance, this is the difference in value between red pipe and blue pipe. Since the color of a pipe does not affect its function, the difference in value is zero. Therefore, no damages have been incurred and the homeowner would receive nothing. (See Jacob & Youngs v. Kent.) However, had the pipe colour been specified in the agreement as a condition, a breach of that condition would constitute a "major" breach. For example, when a contract specifies time is of the essence and one party to the contract fails to meet a contractual obligation in a timely fashion, the other party could sue for damages for a major breach. A material breach is any failure to perform that permits the other party to the contract to either compel performance, or collect damages because of the breach. A breach of contract will constitute a material breach if the term of the contract that has been breached is a condition. A term is a condition if it satisfies the test of essentiality. The test of essentiality requires that the promise (term) was of such importance to the promisee that he or she would not have entered into the contract unless he had been assured of strict or substantial performance of the promise and this ought to have been apparent to the promisor. This is an objective test of the parties' intention at the time of formation of the contract. If the contractor in the above example had been instructed to use copper pipes, and instead used iron pipes that would not last as long as the copper pipes would have lasted, the homeowner can recover the cost of actually correcting the breach - taking out the iron pipes and replacing them with copper pipes. There are exceptions to this. Legal scholars and courts often state that the owner of a house whose pipes are not the specified grade or quality (a typical hypothetical example) cannot recover the cost of replacing the pipes for the following reasons: 1. Economic waste. The law does not favor tearing down or destroying something that is valuable (almost anything with value is "valuable"). In this case, significant destruction of the house would be required to completely replace the pipes, and so the law is hesitant to enforce damages of that nature. 2. Pricing in. In most cases of breach, a party to the contract simply fails to perform one or more terms. In those cases, the breaching party should have already considered the cost to perform those terms and thus "keeps" that cost when they do not perform. That party should not be entitled to keep that savings. However, in the pipe example the contractor never considered the cost of tearing down a house to fix the pipes, and so it is not reasonable to expect them to pay damages of that nature. Most homeowners would be unable to collect damages that compensate them for replacing the pipes, but rather would be awarded damages that compensate them for the loss of value in the house. For example, say the house is worth $125,000 with copper and $120,000 with iron pipes. The homeowner would be able to collect the $5,000 difference, and nothing more. ....
Views: 14105 The Audiopedia
Capitation & Risk Contracts
 
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The Affordable Care Act requires health plans spend 80-85% of premiums on medical care, which has created a renewed shift towards capitation and risk contracts. This video provides an overview on how to leverage these new contracts and better align physician incentives to keep patients healthy - all while providing opportunities to increase your bottom line.
Views: 225 CareOptimize
What is government policy regarding performance-based payments?
 
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http://academlib.com/4107/management/payment#715 Performance-based payments are the preferred government financing method when the CO finds them practical and the contractor agrees to their use. Performance-based payments are contract financing payments that are not payments for accepted items; they are fully recoverable, in the same manner as progress payments, in the event of default. Performance-based payments may not be used : ...
Views: 165 Academ Lib
Contractual rights (part 4 of 8)
 
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https://www.lawworks.org.uk Managing redundancies (24 mins) • Title Page (0.23) • Introduction (1.40) • Legal definition of redundancy (2.34) • Contractual rights (3.52) • Fair redundancy procedure (7.56) • Alternatives to redundancy (2.38) • Other points to consider (5.38) • Summary (0.13) Charles Pigott from Mills & Reeve LLP talks about how to manage redundancies and outlines what a fair procedure typically looks like. • Starting point: each worker’s contract of employment • Some rights underpinned by statute e.g. notice of dismissal • Minimum 1 week for each year of service up to a max. 12 weeks • Payment in lieu of notice: payment to compensate an employee for what they would have earned during the untaken period of notice • Holiday rights: statutory minimum is 5 weeks and 3 days • Payment to compensate untaken holiday • Inherited terms and conditions from a previous employer • Right to a statutory redundancy payment • Enhanced redundancy pay in contract? • Potential occupational pension scheme rights
Views: 366 LawWorks Channel
Types of Contract | Construction Contract | Part -1 | Er. Raghvendra
 
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This channel is for Engineers & Architects. Definition of Contract Types of Contract in Civil Engineering Types of Contract #CivilEngineering #ErRaghvendra #Contract Percentage rate contract, Item Rate / unit rate contract, Cost Plus Percentage contract, Plinth area rate contract, Lump sum contract in construction, EPC Contract & BOT Contract law of contract, what is a contract, indian contract act, types of contract act 1872, types of contract law, Er. Raghvendra Link my first Auto cad video (part-1) https://youtu.be/F9AcXWR269A Link my second Auto cad video (part-2) https://youtu.be/LbyYrrOzl24 Link my second Auto cad video (part-3) https://youtu.be/58HLjDGokJw Link my second Auto cad video (part-4) https://youtu.be/tAQjfyR1_KQ My other video links 1. Video Link for Transparent Concrete https://youtu.be/sU2H2Hos9EU 2. Video Link for BBS of Column https://youtu.be/xpAjB-AfT2Y 3. Video Link for Lap Zone in Column & Beam https://youtu.be/4Ut13RiFxl8 4. Video Link for BBS of Beam https://youtu.be/8o8l6FEInv4 5. Video Link for Volume of Trapezoidal footing https://youtu.be/R2gE81j1xCA 6. Video Link for how to calculate number of Bricks https://youtu.be/7NXuU9yX8Vs 7. Video Link Mode of Measurement as per IS 1200 https://youtu.be/tAHXaLihDRA 8. Video Link Most Amazing buildings in India https://youtu.be/0XUAnLw31cY 9. Video Link Acceptance criteria of cube https://youtu.be/rAXkyYoCZQg 10. Video Link OPC vs PPC https://youtu.be/Hb5jM_LU8mw 11. De-shuttering period as per IS 456 facebook link: https://www.facebook.com/Er-Raghvendra-587697361584622/ Twitter link : https://twitter.com/civilengineer_r erraghvendra, er raghvendra, Er. Raghvendra, In English Civil Engineering Channel Please subscribe my Channel indian contract act, law of contract, types of contract, types of contract pdf, types of contract in civil engineering, types of contracts in construction, types of contract in indian contract act 1872, types of contract act 1872, void agreement, what is a contract, unit rate contract, cost plus percentage contract, plinth area rate contract, lump sum contract in construction, epc contract, er. raghvendra, definition of contract, what is construction contract, in english, bot contract,
Views: 46060 Er. Raghvendra
What is UNENFORCEABLE CONTRACT? What does UNENFORCEABLE CONTRACT mean?
 
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What is UNENFORCEABLE CONTRACT? What does UNENFORCEABLE CONTRACT mean? UNENFORCEABLE CONTRACT meaning - UNENFORCEABLE CONTRACT definition - UNENFORCEABLE CONTRACT explanation. Source: Wikipedia.org article, adapted under https://creativecommons.org/licenses/by-sa/3.0/ license. An unenforceable contract or transaction is one that is valid but one the court will not enforce. Unenforceable is usually used in contradistinction to void (or void ab initio) and voidable. If the parties perform the agreement, it will be valid, but the court will not compel them if they do not. An example of a transaction which is an unenforceable contract is a contract for prostitution under English law. Prostitution is not actually a crime under English law, but both soliciting a prostitute and living off the earnings of a prostitute are criminal offences. Yet so long as the contract is fully performed, it remains valid. However, if either refuses to complete the bargain (either the prostitute after being paid or the payer after receiving the services), the court will not assist the disappointed party. Sometimes, contracts may be enforceable one way and unenforceable the other way. Again, there is an example from the field of prostitution. In Germany, where prostitution is also legal, a law exists that - once a contract has been entered into - makes a prostitute's demands for payment legally enforceable (even via collection agencies and courts if necessary), but the John's demands for fulfillment of the contract and rendition of sexual services unenforceable. German lawmakers made only the claims of prostitutes enforceable because they intended for German prostitution law to protect only prostitutes, without helping or furthering the interests of buyers of sexual services. To impugn a contract means attacking the integrity of the contract. A way it can be done is by deeming the contract unenforceable. A contract can be said unenforceable if it goes against the statutes of fraud or the Statement of Goods Act.
Views: 3188 The Audiopedia
What is EARNEST PAYMENT? What does EARNEST PAYMENT mean? EARNEST PAYMENT meaning
 
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What is EARNEST PAYMENT? What does EARNEST PAYMENT mean? EARNEST PAYMENT meaning - EARNEST PAYMENT definition - EARNEST PAYMENT explanation. Source: Wikipedia.org article, adapted under https://creativecommons.org/licenses/by-sa/3.0/ license. An earnest payment is a specific form of security deposit made in some major transactions such as real estate dealings or required by some official Procurement processes to demonstrate that the applicant is serious and willing to demonstrate an earnest of good faith about wanting to complete the transaction. In ancient times, the earnest payment was called variously an earnest penny, Arles penny, or God's silver (in Latin Argentum Dei). It was either money or a valuable coin or token given to bind a bargain, notably for the purchase or hiring of a servant. According to Black's Law Dictionary (sixth ed.), Et cepit de praedicto Henrico tres denarios de Argento Dei prae manibus ("And he took it from the aforesaid Henry silver three pence handed over God"). A potential buyer of property of high value such as residential real estate generally signs a contract and pays a sum acceptable to the seller by way of earnest money. The amount varies enormously, depending upon local custom and the state of the local market at the time of contract negotiations. In very competitive markets 'the earnest' may represent a substantial portion of the completion cost. In the USA, between about 2000 and 2005 real estate purchase earnest money deposits reached about 5% of the sales price. In other situations, a significant token payment (equivalent to around one week or one month's salary) may be acceptable. (In the USA during 2008 typically $500 or $1000 was acceptable) If the seller accepts the offer, the earnest money is held in trust or escrow. These funds may be held directly by the real estate broker (as in the State of New York) or by a settlement or title company (as in states like California, Florida, and Texas). When the transaction is settled then the deposit is applied to the buyer's portion of the remaining costs. If the offer is rejected, the earnest money is usually returned, since no binding contract has been entered into. Laws vary as to what happens with the deposit should the buyer fail to perform on the contract.
Views: 102 The Audiopedia
Letters of Credit - What is a Letter of Credit (Trade Finance Global LC Guide)
 
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Visit https://www.tradefinanceglobal.com/letters-of-credit/ for the TFG Letter of Credit Guide A Letter of Credit is relevant where there is an exporter and an importer; and there needs to be prepayment or a confirmation of payment in order for goods to be shipped. A letter of credit is an instrument from a bank, which guarantees a buyer's payment to a seller if certain criteria are met. If the buyer can’t pay up, due to the agreed contract through the Letter of Credit, the bank will cover the remaining price. Letters of Credit are fundamental components of international trade. They’re governed universally by a set of guidelines called the UCP 600, which are issued by the International Chamber of Commerce. An LC is a promise written on a legal document that comes from a bank with a promise to pay the holder if the holder fulfills certain obligations. Obligations include payment when the goods are shipped if certain criteria are met. A Letter of Credit is usually used when the buyer and seller do not know each other well and this is why it is used so frequently in international trade. Letters of Credit are incredibly specific and a close attention to detail is required. If there is a misspelling in the contract, for example, the name of the goods is incorrectly spelt, there may be non-payment until a new, corrected LC is issued and accepted.
Views: 79864 Trade Finance Global
Contract Labour Regulation & Abolition Act 1970
 
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Please watch: "A Must watch video for CA CS or CMA students | Study with coach Episode 1" https://www.youtube.com/watch?v=303mUlEiGjw --~-- A FREE Short Video By Prof. Shantanu Pethe (CACSCMA COACH) On Contract Labour (Regulation & Abolition) Act 1970 ============= Provides THREE Level Coaching (For All Subjects of CA CS CMA Courses) Courses Offered: • ICAI = CA - CPT, IPCC & Final • ICSI = CS – Foundation, Executive & Professional • ICWAI = CMA – Foundation, Inter & Final Subjects Covered: • Accounts, Advance Accounts, Financial Reporting, Company Accounts • Industrial, Labour & General Laws, Economic & Commercial Laws, • Corporate & Allied Laws including Companies Act & FEMA • Costing, Financial Management & Strategic Financial Management • Direct & Indirect Tax Laws (Income Tax, Service Tax, VAT, Excise, Customs, CST & Wealth Tax) • Economics, Quantitative Aptitude, Quantitative Techniques & Statistics & Operation Research • Auditing, Audit Practice etc For Further Details a) Subscribe to FREE Channel: http://goo.gl/mDvqr6 b) Get the Best Offers = http://www.cacscmacoach.com c) Call Customer Care : (91) 9860-5444-18 ======================================= Preamble CHAPTER I : PRELIMINARY 1. Short title, extent, commencement and application 2. Definitions CHAPTER II: THE ADVISORY BOARDS 3. Central Advisory Board 4. State Advisory Board 5. Power to constitute committees CHAPTER III: REGISTRATION OF ESTABLISHMENTS EMPLOYING CONTRACT LABOUR 6. Appointment of registering officers 7. Registration of certain establishments 8. Revocation of registration in certain cases 9. Effect of non-registration 10. Prohibition of employment of contract labour CHAPTER IV: LICENSING OF CONTRACTORS 11. Appointment of licensing officers 12. Licensing of contractors 13. Grant of licences 14. Revocation, suspension and amendment of licences 15. Appeal CHAPTER V: WELFARE AND HEALTH OF CONTRACT LABOUR 16. Canteens 17. Rest-rooms 18. Other facilities 19. First-aid facilities 20. Liability of principal employer in certain cases 21. Responsibility for payment of wages CHAPTER VI: PENALTIES AND PROCEDURE 22. Obstructions 23. Contravention of provisions regarding employment of contract labour 24. Other offences 25. Offences by companies 26. Cognizance of offences 27. Limitation of prosecutions CHAPTER VII: MISCELLANEOUS 28. Inspecting staff 29. Registers and other records to be maintained 30. Effect of laws and agreements inconsistent with this Act 31. Power to exempt in special cases 32. Protection of action taken under this Act 33. Power to give directions 34. Power to remove difficulties 35. Power to make rules
Difference Between an Employee and Independent Contractor
 
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Check out Bas Rutten's Liver Shot on MMA Surge: http://bit.ly/MMASurgeEp1 http://www.mahalo.com/difference-between-an-employee-and-independent-contractor/ Keith Hall, a registered CPA and small business owner with over 20 years experience is here to help you with your small business questions. In this video, Keith explains the difference between an employee and independent contractor. Check out the rest of our tax videos here: http://www.youtube.com/view_play_list?p=C90C48F4B15F6911 Check out the related Mahalo Pages: How to Avoid a Tax Audit: http://www.mahalo.com/how-to-avoid-a-tax-audit How to Check Your Tax Refund Status: http://www.mahalo.com/how-to-check-your-tax-refund-status How to File For a Tax Extension: http://www.mahalo.com/how-to-file-for-a-tax-extension How to File Taxes If You Haven't Filed in Years: http://www.mahalo.com/how-to-file-taxes-if-you-havent-filed-in-years How to File Taxes as a Gay Married Couple: http://www.mahalo.com/how-to-file-taxes-as-a-gay-married-couple How to Determine Your Tax Filing Status: http://www.mahalo.com/how-to-determine-your-tax-filing-status How to Choose the Right Tax Forms: http://www.mahalo.com/how-to-choose-the-right-tax-forms 1040ez Tax Form: http://www.mahalo.com/1040ez-tax-form How to Organize Tax Documents: http://www.mahalo.com/how-to-complete-a-1040ez-tax-form How to Set Up a Tax Payment Plan: http://www.mahalo.com/how-to-set-up-a-tax-payment-plan Check out more Mahalo playlists: 2011 Grammy Guitar Lessons: http://www.youtube.com/view_play_list?p=554B7E896F42D97C How to Cook: http://www.youtube.com/view_play_list?p=7016D638D52E3652 How to Bake: http://www.youtube.com/view_play_list?p=26285631199B5B14 Mahalo Daily Videos: http://www.youtube.com/view_play_list?p=4F1A4F3978CDD3EC How to Play the Xylophone: http://www.youtube.com/view_play_list?p=F1EFA91B8B5F3929 Green Living: http://www.youtube.com/view_play_list?p=3CA63D48E28E7759 How to Speak Russian: http://www.youtube.com/view_play_list?p=31098EC11EAF8623 Mahalo Travel: http://www.youtube.com/view_play_list?p=F348A1D1C148415D Learn Biology: http://www.youtube.com/view_play_list?p=16EB9E5F60FAD9BD How to Play Guitar Songs: http://www.youtube.com/view_play_list?p=BE077DEF7EB33D00
Views: 16559 mahalodotcom
What is IMPLIED-IN-FACT CONTRACT? What does IMPLIED-IN-FACT CONTRACT mean?
 
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What is IMPLIED-IN-FACT CONTRACT? What does IMPLIED-IN-FACT CONTRACT mean? IMPLIED-IN-FACT CONTRACT meaning - IMPLIED-IN-FACT CONTRACT definition - IMPLIED-IN-FACT CONTRACT explanation. Source: Wikipedia.org article, adapted under https://creativecommons.org/licenses/by-sa/3.0/ license. An implied-in-fact contract is a form of an implied contract formed by non-verbal conduct, rather than by explicit words. The United States Supreme Court has defined it as "an agreement 'implied in fact'" as "founded upon a meeting of minds, which, although not embodied in an express contract, is inferred, as a fact, from conduct of the parties showing, in the light of the surrounding circumstances, their tacit understanding." Although the parties may not have exchanged words of agreement, their conduct may indicate that an agreement existed. For example, if a patient goes to a doctor's appointment, his actions indicate he intends to receive treatment in exchange for paying reasonable/fair doctor's fees. Likewise, by seeing the patient, the doctor's actions indicate he intends to treat the patient in exchange for payment of the bill. Therefore, it seems that a contract actually existed between the doctor and the patient, even though nobody spoke any words of agreement. (They both agreed to the same essential terms, and acted in accordance with that agreement. There was mutuality of consideration.) In such a case, the court will probably find that (as a matter of fact) the parties had an implied contract. If the patient refuses to pay after being examined, he will have breached the implied contract. Another example of an implied contract is the payment method known as a letter of credit. Generally, an implied contract has the same legal force as an express contract. However, it may be more difficult to prove the existence and terms of an implied contract should a dispute arise. In some jurisdictions, contracts involving real estate may not be created on an implied-in-fact basis, requiring the transaction to be in writing. Unilateral contracts are often the subject matter of these types of contracts where acceptance is being made by beginning a specified task.
Views: 1582 The Audiopedia
Contract of Indemnity
 
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So guys if You really like this video then please like nd share it . And subscribe my channel.
Views: 1417 Simran Rajput
Promise to pay time barred debt | Consideration| Indian Contract Act Law | CA CPT | CS & CMA
 
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Promise to pay time barred debt, Learn Consideration, Third Party Involvement and the concept of No Consideration No Agreement. For Details Visit https://www.meraskill.com/ca-cpt/law/consideration WhatsApp Now: 8692900017 http://www.meraskill.com/ our other chapters in this series Accounts by Sheela Madam http://bit.ly/AcctsIntro http://bit.ly/AcctJournaltoCB http://bit.ly/CR_ROE http://bit.ly/BankRecoS http://bit.ly/MSInventory http://bit.ly/MSDep http://bit.ly/MSFinalAc http://bit.ly/MSConsignment http://bit.ly/MSJointV http://bit.ly/MSBillsOfExchg http://bit.ly/MSSalesReturn http://bit.ly/MSPartnership1 http://bit.ly/MSPartnership2 http://bit.ly/MSCompanyActs1 http://bit.ly/MSCompanyActs2 Law by Bharat Sir http://bit.ly/MSNatureofContract http://bit.ly/MSConsideration http://bit.ly/MSEssentialElements http://bit.ly/MSPerformanceOfContract http://bit.ly/MSBreachOfContract http://bit.ly/MSContingent_Quasi http://bit.ly/MSFormationContractOfSale http://bit.ly/MSCondition_Wattanties http://bit.ly/MSTransferOfOwnership http://bit.ly/MSUnpaidSeller http://bit.ly/MSNatureOfPartnership http://bit.ly/MSRelationshipOfPartners http://bit.ly/MSRegistration_Dissolution Micro by Bharat Sir http://bit.ly/MSIntroMicroEconomics http://bit.ly/MSDemand http://bit.ly/MSTheoryofCB http://bit.ly/MSSupply http://bit.ly/MSTheoryOfProd http://bit.ly/MSTheoryOfCost http://bit.ly/MSMarket http://bit.ly/MSPriceDetermination Macro by Jaya Madam http://bit.ly/MSNatureOfIndianEconomy http://bit.ly/MSRoleOfDiffSectors http://bit.ly/MSNationalIncome_Tax http://bit.ly/MSPopulation_Poverty_Unemployment http://bit.ly/MSInfrastuctureChallnges http://bit.ly/MSBudget_Money_Banking http://bit.ly/MSEconomicsReforms Maths by Anand Sir http://bit.ly/MSRatio_Propr http://bit.ly/MSIndices_Log http://bit.ly/MSEquations http://bit.ly/MSInequalities http://bit.ly/MSInterest http://bit.ly/MSPermutaion_Combination http://bit.ly/MSAP_GP http://bit.ly/MSSets_Function http://bit.ly/MSLimits http://bit.ly/MSDifferentiation http://bit.ly/MSIntegration
Views: 7341 Mera Skill
Letter of Credit (LC) - Explained in Hindi
 
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What is Letter of Credit? LC meaning & process explained in hindi. Letter of credit is used in import export business or international trade when Buyer and Seller cannot trust each other. Other related videos: Types of Letter of Credit (LC) - https://youtu.be/eOi2D1bGdD4 Bank Guarantee - https://youtu.be/GWtBvqYYXbI Incoterms - https://youtu.be/GG2Ea4UvyrY Bill of Lading - https://youtu.be/xZd76YxHDrg Types of Bill of Lading - https://youtu.be/lfXgILdOHlE Issuing or Opening Bank, Advising Bank and Negotiating Bank are involved in the transaction. Seller gets his money once he ships the goods and presents Bill of Lading to the negotiating bank. International trade is governed by Incoterms and UCP (Uniform Customs and Practice for Documentary Credits) guidelines issued by International Chambers of Commerce. बैंक गारंटी क्या है? बैंक गारंटी के कई प्रकार - परफॉरमेंस गारंटी, फाइनेंसियल गारंटी, अग्रिम भुगतान गारंटी, बिड बांड या अर्नेस्ट मनी डिपॉज़िट (EMD), फॉरेन बैंक गारंटी, डैफर्ड पेमेंट गारंटी आदि होते हैं। बैंक गारंटी और इसके प्रकारों को इस वीडियो में हिंदी में समझाया गया। बैंक गारंटी लेटर ऑफ़ क्रेडिट से अलग होती है। हालांकि दोनों ट्रेड फाइनेंस या ट्रेडिंग फाइनेंस में उपयोग की जाने वाली नॉन-फण्ड बेस्ड क्रेडिट फैसिलिटीज़ हैं, लेकिन दोनों ही अलग-अलग वित्तीय साधन हैं। आपको कोलैटरल के साथ बैंक गारंटी शुल्क का भुगतान भी करना होता है। बिड बांड या अर्नेस्ट मनी डिपॉज़िट (EMD) जमा करते समय बैंक गारंटी का उपयोग बिडिंग और ट्रेडिंग में भी किया जाता है। Share this Video: https://youtu.be/0UiLLhNhBiI Subscribe To Our Channel and Get More Property and Real Estate Tips: https://www.youtube.com/channel/UCsNxHPbaCWL1tKw2hxGQD6g If you want to become an Expert Real Estate investor, please visit our website https://assetyogi.com now and Subscribe to our newsletter. In this video, we have explained: What is a letter of credit? How the concept of the letter of credit works? What is the meaning of LC or letter of credit? What is the process of the letter of credit? How does letter of credit works? How letter of credit is different from bank guarantee? How letter of credit is used in import-export business or international trade? How many types of letter of credit are used in trade business? How credit facility is used or arranged for international trade business? How letter of credit helps to build trust in international trade when Buyer and Seller cannot trust each other? How issuing or opening bank, advising bank and negotiating bank are involved in the process of the letter of credit? What is the use of the bill of lading while using the letter of credit for import and export? What is the process of opening LC? What is the role of confirming bank in the letter of credit? Why a collateral is important for issuing a letter of credit? What are the advantages and of the letter of credit for sellers? What are the advantages and of the letter of credit for buyers? Make sure to Like and Share this video. Other Great Resources AssetYogi – http://assetyogi.com/ Follow Us: Facebook – https://www.facebook.com/assetyogi Twitter - http://twitter.com/assetyogi Instagram - http://instagram.com/assetyogi Linkedin - http://www.linkedin.com/company/asset-yogi Pinterest - http://pinterest.com/assetyogi/ Google Plus – https://plus.google.com/+assetyogi-ay Hope you liked this video in Hindi on “Bank Guarantee”.
Views: 268944 Asset Yogi
Rights of a Surety [LAW OF CONTRACT]
 
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This video is about Rights of a Surety in a contract of guarantee. A surety has mainly three kind of rights:- 1. Right against the principal debtor. (a) The right of subrogation (section 140). (b) the right to indemnity (section 145). 2. Right against the creditor. (a) Right to securities. 3. Right against the co-sureties. (a) Right to contribution (section 146-147). All these rights are explained in this video with examples. lecture on the Contract of indemnity:- https://www.youtube.com/edit?o=U&video_id=LDLXPNRsi7k lecture on the contract of guarantee:- https://www.youtube.com/edit?o=U&video_id=NTWvc7T7Elg You can write your suggestions in the comment section or write us on [email protected] follow us on Facebook:- https://www.facebook.com/LnC-PRO-380670805769775/ Follow us on twitter and instagram :- LnC_PRO
Views: 20535 LnC PRO
What is EXECUTORY CONTRACT? What does EXECUTORY CONTRACT mean? EXECUTORY CONTRACT meaning
 
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What is EXECUTORY CONTRACT? What does EXECUTORY CONTRACT mean? EXECUTORY CONTRACT meaning - EXECUTORY CONTRACT definition - EXECUTORY CONTRACT explanation. Source: Wikipedia.org article, adapted under https://creativecommons.org/licenses/by-sa/3.0/ license. SUBSCRIBE to our Google Earth flights channel - https://www.youtube.com/channel/UC6UuCPh7GrXznZi0Hz2YQnQ An executory contract is a contract that has not yet been fully performed or fully executed. It is a contract under in which both sides still have important performance remaining. However, an obligation to pay money, even if such obligation is material, does not usually make a contract executory. An obligation is material if a breach of contract would result from the failure to satisfy the obligation. A contract that has been fully performed by one party but not by the other party is an executory contract. In US bankruptcy law, "executory contract" assumes a special meaning, a contract in which continuing obligations exist on both sides of the contract at the time of the bankruptcy petition. It still requires both debtor and counterparty to make further performance. A trustee or debtor in possession may assume any prepetition executory contract or unexpired lease of the debtor, preserving obligations of both the debtor and the counterparts by the bankruptcy process. If he rejects it, there is a breach of contract as of the date of the petition. Affirmation and rejection are subject to court approval. 11 U.S.C. § 365. Many installment contracts are commonly executors such as installment credit loans, period loan payments, mortgages, and paychecks.
Views: 2552 The Audiopedia
Bill of Lading : Types of Bill of Lading & Bill of Lading Samples
 
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This video covers What is a Bill of Lading, The Types of Bill of Lading,Samples of Bill of Lading ------------ Methods of Payment in International Trade https://youtu.be/cIM5SdLI58g Bill of Lading Sample 1. Bill of Lading (Port to Port Shipment) 2. Multimodal Transport Shipment 3. Non-Negotiable Sea Waybill 4. Charter Party Bill of Lading http://tradelinks.com.my/bill-lading-samples/ -- Equipment Used : Laptop : https://amzn.to/2vfT0Yy Microphone Stand : https://amzn.to/2H0bzli Microphone : https://amzn.to/2IT3ob0 Audio Interface : https://amzn.to/2GTAcjn Earphones : https://amzn.to/2JGbipd Camera Stand : https://amzn.to/2JEHOIt Camera : https://amzn.to/2GVE4Ak Screen Prompt : https://amzn.to/2GVfhAF Once the contract is signed depending on the method of payment used. The Seller ultimately ships out the goods via the Shipping Agent. The Shipping Agent will then issue 2 sets of documents viz the Non-Negotiable Bill of Lading & Original Negotiable Bill of Lading. The Seller forwards the shipping documents & Bill of Lading to the Buyer. The Buyer forwarded the Bill of Lading to the Shipping Agent who issues the Delivery Order to the Port for the release of the goods. The Shipping Agent handed over the goods to the Buyer. So What is a Bill of Lading ? This video talks about the Bill of Lading definition according to 1907 Halsbury’s Laws of England Next, we will look at the function of the Bill of Lading 1. The bill of lading acts as a Receipt for Goods. 2. The bill of lading is an evidence of Contract of Carriage 3. The bill of lading is also a Document of Title to the Goods Questions addressed in this video includes 1. When a Bill of Lading is issued, normally in 3 original copies. So why is it that 3 Original Bill of Lading copies is being issued? 2. Who are the parties involved in the Bill of Lading? The parties covered are Carrier, Shipper, Consignee, Notify Party, Named Agent ,Master (Captain) . 3. Next, we look at to whom the Bill of Lading can be consigned to The UCP 600 outline the following types of sea transport 1. Bill of Lading (Port to Port Shipment) Article 20 UCP 600 2. Transport Document Covering at least Two Different Modes of Transport (Multi Modal Transport Document) Article 19 UCP 600 3. Non-Negotiable Sea Waybill Article 21 UCP 600 4. Charter Party Bill of Lading Article 22 UCP 600 Samples of Bill of Lading – Download the samples in the link below http://tradelinks.com.my/bill-lading-samples/ -------- ► Subscribe to my Channel https://www.youtube.com/c/TradelinksR... ► Follow My Website: https://tradelinks.com.my/ -------- This video was produced by 1. Mr. Billy Fong Goon Poy, ACIB, MITD, Master Trainer 2. Ms Sook Ling, Online Content Creator Tradelinks Resources conducts public training programs for the following International Trade courses in Malaysia 1. Incoterms 2010 2. Letters of Credit 3. Bills of Lading - Correct Preparation To Avoid Rejection by Banks
Views: 125634 Tradelinks Resources
Cost, Insurance and Freight (CIF) - Incoterm Explained in Hindi
 
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CIF or Cost, Insurance and Freight explained in Hindi in detail. CIF is an incoterm similar to CFR. It is mainly used in international business or trade i.e. export & import of any goods between two countries. It slightly differs from CFR in the sense that the seller is additionally responsible for taking the insurance for cargo as well. It is used only in case of bulk cargoes that are transported through sea or inland waterways. इस वीडियो में Cost, Insurance and Freight या CIF की विस्तार से हिंदी में व्याख्या की गयी है। Cost, Insurance and Freight एक Incoterm है जो की मुख्या रूप से international Business या trade में, अर्थात दो देशो के बिच होने वाले सामने के import export में उपयोग होता है। यह CFR से थोड़ा अलग होता है क्योंकि इसमें seller cargo के insurance के लिए भी ज़िम्मेदार होता है। यह केवल bulk cargo के मामले में इस्तेमाल किया जाना चाहिए, जो समुद्र या अंतर्देशीय जलमार्ग से पहुंचाए जाते हैं। Related Videos: Incoterms: https://youtu.be/GG2Ea4UvyrY Cost and Freight (CAF): https://youtu.be/kXE43TzjNFQ Carriage and Insurance Paid (CIP): https://youtu.be/J3FRj1p1SMU Carriage Paid To (CPT): https://youtu.be/rLONZ8DW77Q Share this Video: https://youtu.be/6qo97MJ2hWU Subscribe To Our Channel and Get More Property and Real Estate Tips: https://www.youtube.com/channel/UCsNxHPbaCWL1tKw2hxGQD6g If you want to become an Expert Real Estate investor, please visit our website https://assetyogi.com now and Subscribe to our newsletter. In this video, we have explained: What is Cost, Insurance and Freight? What is the full form of CIF? What is Incoterms? Who defines the Incoterms? When is Cost, Insurance and Freight used? How the terms and conditions of Cost, Insurance and Freight is written? How do responsibilities shift from seller to buyer in Cost and Freight? What are the responsibilities of the seller in Incoterms? What are the responsibilities of buyers in Incoterms? What are the standard import-export business terms in international trade and shipping? Cost, Insurance and Freight क्या होता है? CIF का पूरा रूप क्या है? Incoterms क्या है? Incoterms को कौन परिभाषित करता है? Cost, Insurance and Freight का इस्तेमाल कब किया जाता है? Cost, Insurance and Freight के नियम और शर्तों को कैसे लिखा जाता है? Cost, Insurance and Freight में विक्रेता से क्रेता के ऊपर ज़िम्मेदारिया कैसे परिवर्तित होती हैं? Incoterms में विक्रेता की क्या जिम्मेदारियां हैं? Incoterms में खरीदारों की क्या जिम्मेदारियां हैं? अंतरराष्ट्रीय व्यापार और शिपिंग में मानक आयात-निर्यात व्यापार के नियम क्या हैं? Make sure to Like and Share this video. Other Great Resources AssetYogi – http://assetyogi.com/ Follow Us: Pinterest - http://pinterest.com/assetyogi/ Instagram - http://instagram.com/assetyogi Facebook – https://www.facebook.com/assetyogi Google Plus – https://plus.google.com/+assetyogi-ay Linkedin - http://www.linkedin.com/company/asset-yogi Twitter - http://twitter.com/assetyogi Hope you liked this Hindi video on “Cost, Insurance and Freight - Incoterms".
Views: 33560 Asset Yogi
What Are Contract Surety Bonds?
 
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In the world of contract surety there are two basic categories – Construction Surety Bonds and Commercial Contract Surety Bonds. Video Transcript: We previously discussed that while Contract Surety Bonds are issued by insurance companies, surety is NOT like the insurance you get for your home, car or business… In the world of contract surety there are two basic categories – Construction and Commercial. In construction contract surety there are a number of bond types that may be needed. Bid bonds, performance bonds and payment bonds are the most prevalent; but, you may sometimes see: warranty bonds, maintenance bonds and subdivision bonds. When an owner, usually a public entity… but not always, decides to put a construction project out to bid, they will provide the outline, plans and specifications for that job to either a specific list of contractors or the general public. The owner (the Obligee) will set a date and time for the bids to be turned in. And here is a tricky fact…. Often a General Contractor (GC) who has been awarded a large contract will put parts of that same contract out to bid to subcontractors who specialize in certain trades. Since the GC is responsible for the entire job, even the parts they don’t perform themselves, the GC will want assurance that their subcontractors will perform the work to the contract specification so the GC will require their subs to get bonded as well. In this instance the GC becomes the Obligee to its subs and the sub-contractors are the principals. Most Obligees require the posting of a “Bid Security” in the form of a cashier’s check or a bid bond. The amount of the bid security is usually 10%, but can range from 5% to 25% or more. The bid bond guarantees that the lowest qualified bidder will sign the contract and provide the required surety bonds. For a Contractor to qualify for these bonds, they must demonstrate to the Surety their experience, expertise, staffing, cash flow, reserves and character to manage, properly perform and accomplish the work. The surety provides the bonds that allow you to get the job; but they do so with the understanding, as discussed in our “What is Surety” video, that their guarantee will never have to be acted upon. The number one rule in surety is that if the surety thinks that a requested contract bond (visual: Bid, Performance, Payment, etc.) might have a claim, then the surety will decline the request…. Period. The Extension of Surety Credit is Based Upon Zero Loss Potential. Sometimes problems occur and jobs run into trouble and claims happen. Sureties understand this and expect the contractor to step up and take care of the problem, as necessary. How a contractor manages the problems says a lot about their character and once a problem is managed and resolved, the experience can even help the contractor going forward since they have shown the ability to do what is necessary to solve the problem. Often a positive result to a job problem provides the surety underwriter with a better comfort level in regards to the character of the contractor, which can help when trying to grow their surety support. Speaking of Surety Underwriters, these are the individuals who analyze the contractors’ information and the contract to determine if the surety can support the contractor and their request. In the past, all contractors were required to provide significant financial information in order to qualify for contract surety support. Over the last decade this has changed… A bit. Today, there are many surety programs that have adjusted their entry level requirements to allow an easier path for contractors to get started in the world of surety bonded contracts. There are a number of “Application Only” programs that only need a completed application and possibly some limited financial information to provide surety bonds for single jobs up to around $500,000 and also support a total multi-job surety bonded program (aggregate) up to around $1 million or more. This is the industry’s effort to reach out and help contractors get some experience in public sector jobs or jobs that require surety bonds. Once a contractor wishes to graduate to bigger works, they will need to bring substantially more financial information to support the larger surety bond program. What is needed????? That we will save for another time. I hope our little video has given you a good insight into contract surety bonding and we look forward to sharing more surety specific information in the future….
Views: 8151 South Coast Surety
What is RECORDING CONTRACT? What does RECORDING CONTRACT mean? RECORDING CONTRACT meaning
 
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What is RECORDING CONTRACT? What does RECORDING CONTRACT mean? RECORDING CONTRACT meaning - RECORDING CONTRACT definition - RECORDING CONTRACT explanation. Source: Wikipedia.org article, adapted under https://creativecommons.org/licenses/by-sa/3.0/ license. SUBSCRIBE to our Google Earth flights channel - https://www.youtube.com/channel/UC6UuCPh7GrXznZi0Hz2YQnQ A recording contract (commonly called a record contract or record deal) is a legal agreement between a record label and a recording artist (or group), where the artist makes a record (or series of records) for the label to sell and promote. Artists under contract are normally only allowed to record for that label exclusively; guest appearances on other artists' records will carry a notice "By courtesy of (the name of the label)", and that label may receive a percentage of sales. Labels typically own the copyright in the records their artists make, and also the master copies of those records. An exception is when a label makes a distribution deal with an artist; in this case, the artist, their manager, or another party may own the copyright (and masters), while the record is licensed exclusively to the label for a set period of time. Promotion is a key factor in the success of a record, and is largely the label's responsibility, as is proper distribution of records. While initial recording deals usually yield a smaller percentage of royalties to the artists, subsequent (or renegotiated) deals can result in much greater profit, or profit potential. A few acts, such as Madonna, Michael Jackson, R.E.M., U2, and Janet Jackson, among others, have signed multimillion-dollar deals. Whitney Houston signed a $100 million deal with BMG to deliver just six albums, the largest recording deal at the time. Robbie Williams signed an L80m (US$125m) contract with EMI. For many other artists, though, for the millions to become tangible, hit albums meeting or exceeding their previous sales figures must follow. Recording contracts may include opt-out clauses for the label in the event an act's popularity dips or the act releases non-hit albums under the deal. For instance, Mariah Carey was dropped by Virgin Records and her $80 million recording deal cancelled after her first album released by the label sold poorly. Record companies put forth huge sums of money to produce, release, and promote an album. Recording time, manufacturing, packaging, photos, distribution, marketing, and music videos are just some of the areas where the label must spend money on an act it has signed. The label usually absorbs these expenses, but in some artists contracts, some of this money may be due back to the label, unless otherwise worded. Advances (upfront money that is paid directly to a recording artist) are normally always owed back to the label. Once (and if) the advance has been paid back from record sales, the artist then begins to see royalty payments for additional sales. Advancing an act money is a risk the label endures as it does not know how well the act's album will sell. Capitol Records suspended Linda Ronstadt's contract in the early 1970s, as Capitol had spent more money on Ronstadt then it had yielded. She continued to tour partly to pay Capitol back for her 1960s deal, and a string of hits in the mid-1970s allowed her to finally clear the debt. Record companies expect to make a profit, and little concern themselves with a given performer's lack of business or financial savvy, as artists such as George Michael have discovered. "Walking out" on a deal is very difficult or nearly impossible, as is attempting to strike a new deal without completing an old one. Donna Summer signed a new deal with Geffen Records in 1980, and released an album on Geffen. She was then told by her previous label, Polygram Records, that she owed them another album, per her agreement. She recorded and delivered an album to Polygram that the label released, and it became a hit. Summer then went back to recording for Geffen Records for her next project. The Mamas & the Papas were forced into a reunion, years after their 1968 breakup, by the letter of their Dunhill Records contract, which required one more album to be completed -which became 1971's People Like Us.
Views: 1047 The Audiopedia
Using Bonds to Secure a Contract [English Subs]
 
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Your business partners can ask you for bonds and guarantees to be certain that you will perform your contractual obligations. Euler Hermes gives them the necessary security to start lasting and confident business relations with bid bond, performance bond, advance payment bond. Euler Hermes has the extensive global network and financial strength needed to safeguard your working capital and expand your business. http://www.eulerhermes.com/products-solutions/bonding/Pages/default.aspx
Views: 8481 Euler Hermes
What is LAND CONTRACT? What does LAND CONTRACT mean? LAND CONTRACT meaning, definition & explanation
 
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What is LAND CONTRACT? What does LAND CONTRACT mean? LAND CONTRACT meaning - LAND CONTRACT definition - LAND CONTRACT explanation. Source: Wikipedia.org article, adapted under https://creativecommons.org/licenses/by-sa/3.0/ license. A 'land contract' (sometimes known as a “contract for deed,” "agreement for deed," "land installment contract" or an “installment sale agreement”) is a contract between a seller and buyer of real property in which the seller provides financing to buyer to purchase the property for an agreed-upon purchase price and the buyer repays the loan in installments. Under a land contract, the seller retains the legal title to the property, while permitting the buyer to take possession of it for most purposes other than legal ownership. The sale price is typically paid in periodic installments, often with a balloon payment at the end to make the timelength of payments shorter than a corresponding fully amortized loan without a final balloon payment. When the full purchase price has been paid including any interest, the seller is obligated to convey legal title to the property to the buyer. An initial down payment from the buyer to the seller is usually also required by a land contract. The legal status of land contracts varies from region to region. Since a land contract specifies the sale of a specific item of real estate between a seller and buyer, a land contract can be considered a special type of real estate contract. In the usual, more conventional real estate contracts, a seller does not provide a loan to the buyer; the contract either does not specify a loan or includes provisions for a loan from a different "third party" lender, usually a financial institution in practice. When third party lenders are involved, typically a lien called a mortgage or trust deed is placed on the property so that the value of the property is used as collateral until the loan is paid in full. Although most land contracts can be used for a variety of reasons, their most common use is as a form of short-term seller financing. Usually, but not always, the date on which the full amount of the purchase price is due will be years sooner than when the purchase price would be paid in full according to the amortization schedule. This results in the final payment being a large balloon payment. Since the amount of the final payment is so large, the buyer may obtain a conventional mortgage loan from a bank to make the final payment. Land contracts are sometimes used by buyers who do not qualify for conventional mortgage loans offered by a traditional lending institution, for reasons of unestablished or poor credit or an insufficient down payment. Land contracts are also used when the seller is eager to sell and the buyer is not given enough time to arrange for conventional financing. There can be other advantages of using a land contract too. When a third-party lender, such as a financial institution, provides a loan, this third party has its own interests to protect against the other two parties involved, the seller and buyer. Establishing the correct title and value of the property to be used as collateral is important to the lender. Thus, the lender commonly requires title service including title search and title insurance by an independent title company, appraisal and termite inspection of the property to ensure it has sufficient value, a land survey to ensure there are no encroachments, and use of lawyers to ensure the closing is done correctly. These third party lender requirements add to closing costs which the lender requires the seller and/or buyer to pay. If the seller is also the lender, these costs are usually not required by the seller and may result in closing cost savings and fewer complications. It may also be the seller's position that if the buyer requires any of these services, he could pay for the costs and make arrangements himself. For properties where only relatively undeveloped land is involved and if the seller is willing to finance, the price of the empty land may be so low that the conventional closing costs are not worthwhile and can be an impediment to a quick, simple sale. Easy financing and a simple sale transaction may be a good selling point for a seller to offer a buyer. A land contract is a unilateral contract and cannot be assigned to another buyer without the consent of the seller providing the financing. Because of growing concerns, the Consumer Financial Protection Bureau (CFPB) is considering regulating these real estate sales. In 2015, Texas law was changed to automatically place the legal title to the property with the buyer by filing the contract with the deed records office of the county where the property is located. While the seller loses title, the seller retains a vendor's lien in the property for the outstanding balance of the contract.
Views: 1083 The Audiopedia
What is HUMAN CAPITAL CONTRACT? What does HUMAN CAPITAL CONTRACT mean?
 
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What is HUMAN CAPITAL CONTRACT? What does HUMAN CAPITAL CONTRACT mean? HUMAN CAPITAL CONTRACT meaning - HUMAN CAPITAL CONTRACT definition - HUMAN CAPITAL CONTRACT explanation. Source: Wikipedia.org article, adapted under https://creativecommons.org/licenses/by-sa/3.0/ license. SUBSCRIBE to our Google Earth flights channel - https://www.youtube.com/channel/UC6UuCPh7GrXznZi0Hz2YQnQ A Human Capital Contract (or "HCC") is a finance product that allows for the provision of funds to an individual through an "equity-like" arrangement, where the provider of the funds receives a portion of the individual's future income for some specified period of time. Human Capital Contracts have been advocated by a number of Nobel Prize-winning economists, including Milton Friedman, Robert Merton, and Gary Becker. Adam Smith in The Wealth of Nations described the knowledge and skills of workers as a form of Human Capital. Human Capital Contracts are characterized by an initial investment amount by the capital provider, followed by a series of periodic dividend payments made from the receiver of the capital to the provider. These payments are variable in amount, proportional with the capital receiver's income, and may never total the initial investment amount made the capital provider. In contrast, a loan is a form of debt, characterized by interest payments based on a fixed principal amount, where the repayment of the principal is a necessary condition of the loan. In the 1970s, Yale University attempted to replace traditional student loans with human capital contracts under its "Tuition Postponement Option", a program designed by economists Milton Friedman and James Tobin. However, the program was eventually abandoned as a failure. Other attempts to use human capital contracts (or student loans with equity-like payoffs) to fund students, have also generally failed because of severe adverse selection problems — students who opt into such programs are generally those who expect to pursue low-income careers, and are least likely to be able to repay their loans. In addition, Human Capital Contracts, like income taxes, can contribute to moral hazard, by discouraging borrowers from maximizing their income and encouraging them instead to focus on non-wage based forms of compensation, such as more enjoyable work, better benefits, or lighter schedules. Recently, a number of companies have begun to attempt to commercially underwrite Human Capital Contracts for the first time, including some that are not focused on funding a student population. Anand Reddi and Andreas Thyssen, of the University of Colorado School of Medicine, proposed the use of human capital contracts to fund U.S. medical education in their article in The Huffington Post entitled: "Healthcare Reform: Solving the Medical Student Debt Crisis Through Human Capital Contracts". The Reddi-Thyssen plan is being vetted by the American Medical Association. The University of California system is also currently evaluating Human Capital Contracts as a possible solution for providing more affordable, sustainable tuition assistance. There is also a plan to use human capital contracts in global health. In comparing the merits of Human Capital Contracts with loans, proponents have noted that providers of HCCs are better aligned with the financial interests of the receiver of the funds, and the stream of payments required should be relatively more affordable to individuals who experience adverse economic events such as unemployment or other decreases in disposable income. Relative to conventional consumer loan structures, however, the regulatory framework related to Human Capital Contracts is underdeveloped and has thus far prevented widespread proliferation of the product despite considerable academic research.
Views: 67 The Audiopedia
Important clauses of Construction Contract |Conditions Of Contract |Part-3 |Er. Raghvendra
 
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In this video, I am explaining General Condition of Contract (GCC) & Special Condition of Contracts (SCC) Construction Contract, GCC & SCC, Important clauses of Contract, #ErRaghvendra General Condition of Contract (GCC) Definitions : The definitions about Engineer, Architect, Contractor, Client/ Owner, Virtual completion, Working time and other terms used in Contract, Scope of work ,Date of Commencement, Nature of Contract, All Inclusive Rates, Insurance , Labour Regulations, ESI & EPF, Mode of measurement : as per IS 1200 or CPWD, Payments, Billing, RA Bill, Payment terms, Extra Item/Substitute Items Time for Completion : Completion time, Virtual Completion of Work, safety, Dispute Settlement & Arbitration, Liquidate Damages, Extension of Time, Guarantees, Defect Liability period, Force Mejure, Termination of Contract Special Condition of Contracts Performance Bond, Earnest Money, Mobilization Advance, Water & Electricity, Escalation, Supply of Material by Client, Retention Money/Security Deposit 1. Types of Contract (Part-1) https://youtu.be/-KP8d_oI-8E 2. Contract Documents (Part-2) https://youtu.be/i1WD4lZLnEk Facebook page link: https://www.facebook.com/Er-Raghvendra-587697361584622/ Twitter link: https://twitter.com/civilengineer_r My other videos useful links 1. Video Link for Transparent Concrete https://youtu.be/sU2H2Hos9EU 2. Video Link for BBS of Column https://youtu.be/xpAjB-AfT2Y 3. Video Link for Lap Zone in Column & Beam https://youtu.be/4Ut13RiFxl8 4. Video Link for BBS of Beam https://youtu.be/8o8l6FEInv4 5. Video Link for Volume of Trapezoidal footing https://youtu.be/R2gE81j1xCA 6. Video Link for how to calculate the number of Bricks https://youtu.be/7NXuU9yX8Vs 7. Video Link Mode of Measurement as per IS 1200 https://youtu.be/tAHXaLihDRA 8. Video Link Most Amazing buildings in India https://youtu.be/0XUAnLw31cY 9. Video Link Acceptance criteria of cube https://youtu.be/rAXkyYoCZQg 10. Video Link OPC vs PPC https://youtu.be/Hb5jM_LU8mw 11. De-shuttering period as per IS 456 https://youtu.be/-DZJ3ihHzLg Autocad Tutorial link 12. Autocad Tutorial for Beginners – Part-1 https://youtu.be/F9AcXWR269A Link my second Auto cad video (part-2) https://youtu.be/LbyYrrOzl24 Link my second Auto cad video (part-3) https://youtu.be/58HLjDGokJw Link my second Auto cad video (part-4) https://youtu.be/tAQjfyR1_KQ Link my second Auto cad video (part-5) https://youtu.be/81LpAvrLfXw Link my second Auto cad video (part-6) https://youtu.be/XlKXzjjTehQ Link my second Auto cad video (part-7) https://youtu.be/W_IBpx0foKw Link my second Auto cad video (part-8) https://youtu.be/B1YQ8FBS8Y4 Link my second Auto cad video (part-9) https://youtu.be/zfyYjQ3EEYo Link my second Auto cad video (part-10) https://youtu.be/UPw-WIwrKa4 Please subscribe the channel contract law, construction contract, Conditions Of Contract, construction contracts and key contract provisions Construction Contract, Insurance, GCC & SCC, Labour Regulations, ESI & EPF, Important clauses of Contract, P Important clauses of Contract, Extra Item, Time for Completion, Virtual Completion of Work, safety, Dispute Settlement & Arbitration, Liquidate Damages, Extension of Time, Defect Liability period, Force Mejure, Termination, Special Condition of Contract, Performance Bond, Earnest Money, Mobilization Advance, Retention money, Erraghvendra, contract law, construction contract, construction, Types of Construction Contract, Lump sum contract, item rate contract, condition of contract, BOT contract,
Views: 8434 Er. Raghvendra
What is a Smart Contract? A Beginner’s Guide
 
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What is a Smart Contract? A Beginner’s Guide You'll receive $10 in free bitcoin by signing up with this link http://bit.ly/2oesV41 Bitcoin & Etherum Storage Wallet: http://bit.ly/2o7BmgW Book Recommendations: http://amzn.to/2pv7kF4 Get One-to-One Consulting https://clarity.fm/ameerrosic Blockchain Training: http://bit.ly/2nGhdn0 Quadrigacx Canadian Crypto Exchange: http://bit.ly/2papyuV What are Smart Contracts? Smart contracts help you exchange money, property, shares, or anything of value in a transparent, conflict-free way, while avoiding the services of a middleman. The best way to describe smart contracts is to compare the technology to a vending machine. Ordinarily, you would go to a lawyer or a notary, pay them, and wait while you get the document. With smart contracts, you simply drop a bitcoin into the vending machine (i.e. ledger), and your escrow, driver’s license, or whatever drops into your account. More so, smart contracts not only define the rules and penalties around an agreement in the same way that a traditional contract does, but also automatically enforce those obligations. Example Suppose you rent an apartment from me. You can do this through the blockchain by paying in cryptocurrency. You get a receipt which is held in our virtual contract; I give you the digital entry key which comes to you by a specified date. If the key doesn’t come on time, the blockchain releases a refund. If I send the key before the rental date, the function holds it releasing both the fee and key to you and me respectively when the date arrives. The system works on the If-Then premise and is witnessed by hundreds of people, so you can expect a faultless delivery. If I give you the key, I’m sure to be paid. If you send a certain amount in bitcoins, you receive the key. The document is automatically cancelled after the time, and the code cannot be interfered by either of us without the other knowing, since all participants are simultaneously alerted. You can use smart contracts for all sort of situations that range from financial derivatives to insurance premiums, breach contracts, property law, credit enforcement, financial services, legal processes and crowd funding agreements. My name is Ameer Rosic, and I'm a serial entrepreneur, investor, marketing Strategist and Blockchain Evangelist Blog http://www.Ameerrosic.com Blockgeeks: http://www.blockgeeks.com Facebook http://www.Facebook.com/ameerrosic Twitter http://www.Twitter.com/ameerrosic InstaGram http://www.Instagram.com/ameerrosic
Views: 202160 Ameer Rosic
Meaning of Contract in Nepali
 
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Hello friends Welcome to my channel 'Nepal Kanun'. Learn Meaning of Contracts According to Nepal Contract Act 2056. Read Meaning of Contract. https://nepalkanun.blogspot.com/2019/04/meaning-of-contract-defined-by-contract-act-2056.html Void Contract/ Agreement/ Voidable Contract https://nepalkanun.blogspot.com/2019/05/void-agreement-void-contract-and-voidable-contract-in-nepali-Contract-Law-Business-Law-LLB.html Please Make sure you are subscribed your Channel. If Not Click Here https://www.youtube.com/channel/UC_Nn... Watch Also Essential Elements of Contract https://www.youtube.com/watch?v=xZnhudyE8u0 Contract Related to Bailment https://www.youtube.com/watch?v=5AM6CU-rCKI Fundamental Rights and Duties Nepalese Constitution https://www.youtube.com/watch?v=l_W0l... Citizenship नेपालको संविधान https://www.youtube.com/watch?v=Du_XM... Watch this video to get knowledge about 1. Meaning of contract 2. Definition of contract 3. Meaning of contract in Nepali 4. Easy definition of contract 5. Definition of contract according to contract act 2056 6. Definition of contract according to Nepali contract act 2056 7. Explanation of definition of contract given by Nepalese contract act 2056 8. करारको आवस्यक तत्वोहरु बुझ्न 9 . करार ऐन २०५६ ले गरेको परिभाषा बुझ्न 10. Useful to LLB Student 11. Useful to BA.LLB Student 12. Useful to student of BBS who studying Business Law 13. Critically analysis definition of contract given by Nepalese contract act 2056. 14. Useful to BBS Student 15. Useful to BBA Student 16. Helpful Note to BBS 3rd year Business Law Note in Nepali. Find Us On: Facebook: http://facebook.com/nepalkanun Twitter: https://twitter.com/kanunnepal YouTube: https://www.youtube.com/channel/UC_NnzFOsOne6rRhlQu7FvGw/about?sub_confirmation=1 Blog: https://nepalkanun.blogspot.com/ मनपरे like गर्नुहोस, मन्नापरे Dislike गर्नुहोस, केहि टिकाटिप्णि भए Comment गर्नुहोस, जादा जादै Share गर्नुहोस,
Views: 1153 Nepal Kanun
CONTRACT ACT -TAMIL- INDEMNITY & GUARANTEE
 
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CONTRACT ACT LECTURES BY SWAMYRAJ For further clarification on the subject and For purchasing the book, Law of Contract – General Principles and Specific Relief Act Contact the lecturer, Mr. Swamyraj.K by Whatsapp: 9080960570 Email: [email protected]
DesignTalk Ep. 66: Freelance contracts 101—mistakes and best practices from 40k freelancers
 
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Find more episodes at http://bit.ly/2xzUSaD --- Contracts help protect freelancers from problems like nonpayment, late payments, and copyright infringement. Yet only 28% of freelancers work under a contract. In this DesignTalk, Bonsai CEO Matt Brown will share the best practices gleaned from analyzing their most successful freelance designers. He’ll cover how to understand the basics of creating a freelance contract, how to avoid key mistakes, and how to ensure that your contracts set you up to grow your freelance business. --- InVision is the world’s leading product design collaboration platform, trusted by more than 1.5 million designers at companies like Uber, Netflix and Twitter. InVision empowers teams of all sizes to prototype, review, iterate, manage and test web and mobile apps—all without a single line of code. Get InVision free forever: http://invs.io/1QOCxZq --- See who else uses InVision: http://invs.io/1QOD5P3 Stay up to date on the latest trends in product design: http://invs.io/1QOD91g Follow InVision on Twitter: http://twitter.com/InVisionApp/
Views: 2680 InVision
The Indian Contract Act 1872 | Part -1| By Advocate Sanyog Vyas
 
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To Buy video Lectures in Pendrive, DVD, online, Android, Books, Test Series please visit our website https://sanyogvyaslawclasses.com/
Views: 570311 Sanyog Vyas Law Classes
What is NOMINATE CONTRACT? What does NOMINATE CONTRACT mean? NOMINATE CONTRACT meaning
 
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What is NOMINATE CONTRACT? What does NOMINATE CONTRACT mean? NOMINATE CONTRACT meaning - NOMINATE CONTRACT definition - NOMINATE CONTRACT explanation. SUBSCRIBE to our Google Earth flights channel - https://www.youtube.com/channel/UC6UuCPh7GrXznZi0Hz2YQnQ Source: Wikipedia.org article, adapted under https://creativecommons.org/licenses/by-sa/3.0/ license. In civil law jurisdictions, a nominate contract is a standardized contractual relationship that has a special designation attached to it (e.g., purchase and sale, lease, loan, insurance), as opposed to innominate contracts (which are not standardized and therefore have no set name). The obligor and obligee have rights and obligations specially prescribed by law. Nominate contracts are usually statutorily required to include certain express terms (essentialia)—depending on their kind—and are construed to include terms implied in law. In Quebec, Book V of the Civil Code deals with Obligations, Title II deals with nominate contracts. It is further subdivided into various chapters, dealing with several types of nominate contracts (sale, gift, lease, insurance).
Views: 148 The Audiopedia
What is FORMAL CONTRACT? What does FORMAL CONTRACT mean? FORMAL CONTRACT meaning & explanation
 
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What is FORMAL CONTRACT? What does FORMAL CONTRACT mean? FORMAL CONTRACT meaning - FORMAL CONTRACT definition - FORMAL CONTRACT explanation. Source: Wikipedia.org article, adapted under https://creativecommons.org/licenses/by-sa/3.0/ license. SUBSCRIBE to our Google Earth flights channel - https://www.youtube.com/channel/UC6UuCPh7GrXznZi0Hz2YQnQ A formal contract is a contract where the parties have signed under seal, while an informal contract is one not under seal. A seal can be any impression made upon the document by the parties to the contract. This was traditionally done in wax stating the intentions of the parties to be bound by the contract. Only parties to a sealed documents are the people who have rights under it, thus only people party to the contract can be found liable. According to Harvey Boller, J.D. Professor of Law at Loyola University, roughly 100 percent of contracts today are informal contracts. The legitimacy of a contract, however, does not rely upon whether a contract is formal or informal. Both are considered binding, given all other elements of a contract exist. In which both parties agree to each comply with each other's wishes to a certain limit. Usually the contract is formed by a greater authority, such a government, or corporation. The Twelfth Edition of Business Law: Text Cases (Clarkson, Miller & Cross), says that formal contracts are, "contracts that require a special form or method of creation to be enforceable." It uses negotiable instruments as an example of formal contracts, such as: checks, drafts, promissory notes, and certificates of deposit. These example are all required to have special formation under the Uniform Commercial Code.
Views: 1234 The Audiopedia
How to Get Paid as a Freelancer [FREE CHECKLIST]
 
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How to Get Paid Freelancing [Free Checklist] Making Money as a Freelancer isn't Always Easy and Neither is Getting Clients to Pay You For Your Work GET THE FREE EBOOK, FREE CHECKLIST, FREE EMAIL COURSE http://robertoblake.com/awesomefreelancer When you become a freelancer you will find that one of the biggest challenges in freelancing is collecting the money you are owed. There are several ways to avoid this and make sure that you are getting paid by clients. Setting up an invoicing system and charging upfront fees is a good place to start. INVOICING SYSTEM http://freshbooks.com/robertoblake Another important thing you should look into is doing contracts for your freelance work with clients. You have a better chance of getting paid if a contract is in place for the freelance work you plan on doing for them, outlining what you're being paid for and when. CONTRACTS AND LEGAL RESOURCES http://legalzoom.com http://docracy.com http://hellobonsai.com FREELANCE RESOURCES Evernote http://robertoblake.com/evernote Grammarly http://robertoblake.com/grammarly Blue Host http://robertoblake.com/bluehost Mailchimp http://robertoblake.com/mailchimp AUDIO MUSIC & SOUND FX http://audioblocks.refr.cc/K9MSL3S JOIN CREATE AWESOME COMMUNITY NEWSLETTER http://goo.gl/EywY3S MY YOUTUBE SETUP http://amzn.to/1TwiZjD RENT CAMERA GEAR https://lumoid.com/?invite=3C46I86Q LISTEN TO THE PODCAST https://goo.gl/SEQmn8 GET A CREATE AWESOME SHIRT! http://goo.gl/lsr8uY SUBSCRIBE FOR MORE AWESOME https://youtube.com/subscription_center?add_user=robertoblake2 Checkout More Graphic Design Videos: http://goo.gl/1yqkNK RECOMMENDED WEB HOSTING PROVIDER Blue Host http://goo.gl/or3zpx RECOMMENDED EMAIL MARKETING via MAILCHIMP http://eepurl.com/bugUyT CONNECT WITH ME ONLINE http://robertoblake.com http://twitter.com/robertoblake http://facebook.com/robertoblake2 http://periscope.tv/robertoblake http://instagram.com/robertoblake Disclaimers: all opinions are my own, sponsors are acknowledge. Affiliates are: Amazon, BHPhotoVideo, MyFonts, 1and1, Bluehost and Lumoid.
Views: 28920 Roberto Blake
Contract Of Pledge | By Advocate Sanyog Vyas | Exclusively for Law Students
 
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To Buy video Lectures in Pendrive, DVD, online, Android, Books, Test Series please visit our website https://sanyogvyaslawclasses.com/ Watch Contract Of Pledge , Law Lectures by Sanyog Vyas exclusively for Law Students For more Law Lectures do subscribe our channel : https://www.youtube.com/channel/UC344tiP7qX4kQdZNdRrKKag
Views: 159266 Sanyog Vyas Law Classes
What is Reciprocal Promise? | Performance of Contract | MBA BBA B.Com CA CPT CPM
 
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Hello Friends, welcome to Jitendra Gautam Tutorials!! What is Reciprocal Promise? | Performance of Contract | MBA BBA B.Com CA CPT CPM This channel is an initiative to provide lectures of Professional & Regular courses which are being taught in almost every university. Here you can find detailed discussion of concepts. This channel will help you to understand the concepts which you could have not understood. It is a support system which enables you to score high. Tune the Channel NOW!! At this channel you find video lectures for Business Law, Company Law, Industrial Law, etc. This channel is an initiative to make those students learn who face difficulties to understand Business Law. Our Motive is to make you understand with the concepts of business law in easier way. For More Videos:- #Subscribe our channel # You Can Like & Share too #You Can raise your query in Comment Box Please subscribe my another channel “onlineshikshakendra” for wathing videos on competitive exam preparation.
Views: 9359 JG Tutorials
Digital Contract for adhoc buying- B2C. This new CryptoTec solution makes you Blockchain ready.
 
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CryptoTec Pay Wallet Your customer scans the QR code and a digital contract is issued, the payment is confirmed by an automated digital receipt. Your customers winnings are credited instantly into his CryptoTec Pay Wallet (opt. your white label seamless wallet). All this without any complicated registration, login or password - all handled by the CryptoTec PKI - the perfect Blockchain PKI. This Enables you instantly to accept worldwide incoming Bitcoin-payments. Your customer transfers the money into his existing client account via scan with any wallet solution. Borderless and blockchain-based. Sales increase due to worldwide incoming payments of any size (no payment-blocking) Immediate & discreet Fast-Lane-Payments No chargeback-risk! Opening of new markets Flexible consideration of local KYC processes Automated Risk-Management Customization of your corporate design (white label solution)
Views: 342 CryptoTec AG
IFRS 15 Revenue from Contracts with Customers
 
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http://www.ifrsbox.com TThis is the short summary of the newest revenue recognition standard IFRS 15 Revenue from Contracts with Customers. For more information and examples, please visit http://www.ifrsbox.com
Views: 194037 Silvia M. (of IFRSbox)
CONTRACT ACT TAMIL CONSIDERATION
 
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Contract Act Tamil lecture for law students - Mr. SWAMYRAJ For further clarification on the subject and For purchasing the book, Law of Contract – General Principles and Specific Relief Act Contact the lecturer, Mr. Swamyraj.K by Whatsapp: 9080960570 Email: [email protected]
Contract of Guarantee [ Indian contract act, 1872]
 
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contract of guarantee under Indian contract act, 1872 is described with the help of examples. this video deals with meaning and essentials of a contract of guarantee. it also explains three parties in a contract of guarantee, i.e. principal debtor, surety and creditor. and there are three kind of contracts also. this video also deals with section 127 of Indian contract act, 1872 which talks about consideration in a contract of guarantee. this video is useful for CA- IPCC students (subject-2, company law and other laws), LAW Students (law of contracts), CS- Executive (old syllabus- paper 3 economic and commercial laws, new syllabus- paper 7 economic business and commercial laws) and for CMA inter. follow us on Facebook:- https://www.facebook.com/LnC-PRO-380670805769775/ follow us on twitter:- @lnc_pro
Views: 19507 LnC PRO
What is FIXED-PRICE CONTRACT? What does FIXED-PRICE CONTRACT mean? FIXED-PRICE CONTRACT meaning
 
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What is FIXED-PRICE CONTRACT? What does FIXED-PRICE CONTRACT mean? FIXED-PRICE CONTRACT meaning - FIXED-PRICE CONTRACT definition - FIXED-PRICE CONTRACT explanation. Source: Wikipedia.org article, adapted under https://creativecommons.org/licenses/by-sa/3.0/ license. SUBSCRIBE to our Google Earth flights channel - https://www.youtube.com/channel/UC6UuCPh7GrXznZi0Hz2YQnQ A fixed-price contract is a type of contract where the payment amount does not depend on resources used or time expended. This is opposed to a cost-plus contract, which is intended to cover the costs with additional profit made. Such a scheme is often used by military and government contractors to put the risk on the side of the vendor, and control costs. However, historically when such contracts are used for innovative new projects with untested or undeveloped technologies, such as new military transports or stealth attack planes, it can and often results in a failure if costs greatly exceed the ability of the contractor to absorb unforeseen cost overruns. Fixed prices can require more time, in advance, for sellers to determine the price of each item. However, the fixed-price items can each be purchased faster, but bargaining could set the price for an entire set of items being purchased, reducing the time for such bulk purchases treated as a whole batch. Also, fixed-price items can help in pre-determining the value of the entire inventory, such as for insurance estimates. However, such contracts continue to be popular despite a history of failed or troubled projects, though they tend to work when costs are well known in advance. Some laws have been written which prefer fixed-price contracts, however, many maintain that such contracts are actually the most expensive, especially when the risks or costs are unknown.
Views: 1467 The Audiopedia
Indian Contract Act 1872 | law of contract act 1872 | contract definition
 
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Please watch: "A Must watch video for CA CS or CMA students | Study with coach Episode 1" https://www.youtube.com/watch?v=303mUlEiGjw --~-- Indian Contract Act 1872 | law of contract act 1872 |contract definition for CA CS & CMA Students
Considerations (Contract Law) - What is the definition? - What are Considerations?
 
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Considerations -- Considerations are a legal concept pertaining to contract law. In order for a contract to be formed there must be a promise or promises of something of value such as goods, funds, services, performances, non-performances etc... These are the considerations of the contract. In a bilateral contract, if Bob offers Tim $500 to paint his house, the considerations would be Bob giving Tim $500 and Tim painting Bob's house. In a unilateral contract if a radio station promises 2 game tickets to the 1st caller to answer a question correctly, the considerations are the tickets given by the radio station and the 1st person to correctly answered questions. In common law considerations are a requirement for forming a contract. Legal Sufficiency -- The considerations must have value that is recognized by law to make them legally sufficient. These considerations must be either a benefit or a detriment to a party involved in the contract. A legal benefit is when a party receives something of value that they previously didn't have the right to. A legal detriment is when someone performs an act that they were not previously obligated to do or not perform an act that they previously were obligated to do. Preexisting Obligations: Preexisting public obligations - preexisting public obligations are obligations that are imposed by a tort or criminal law. These obligations are neither a legal detriment or a legal benefit. Preexisting Contractual Obligations: These are performances from a preexisting contract and cannot be used as considerations. Modification of a Preexisting Contract - Under Common Law a modification must be supported by mutual consideration, under that code a contract can be modified without new consideration. s. 672.209. Substituted Contracts - This is when the parties agree to rescind their original contract and enter into a new contract. This is supported by considerations. Settlement of Undisputed Debt - settling for a lesser sum of money to clear an undisputed debt does not constitute a legally sufficient consideration. Settlement of a Disputed Debt - Settling for a lesser sum of money to discharge a disputed debt is a legally sufficient consideration. Past Consideration - A past consideration is a performance that completed prior to the contract being formed and will not be a legally sufficient consideration. Promise to Perform Unenforceable Obligation May Be Enforced Promise to Pay Debt Barred by the Statute of Limitations -- a new promise by the debtor to pay the debt renews the running of the statute for a second statutory period. Promise to Pay Debt Discharged in Bankruptcy -- may be enforceable without consideration. Voidable Promises -- a new promise to perform a voidable obligation that has not been previously avoided is enforceable. Moral Obligation -- a promise made to satisfy a preexisting moral obligation is generally unenforceable for lack of consideration. https://www.youtube.com/user/Subjectmoney https://www.youtube.com/watch?v=pd2y-2w64SA
Views: 6232 Subjectmoney
प्रस्ताव contract law proposal /Offer   Indian Contract Act law notes in hindi LL.B
 
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What is Reciprocal Promise | Performance of Contract | Indian Contract | CA CPT |CS & CMA Foundation
 
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What is Reciprocal Promise, Learn Promise for Performance of Contract, Who can Perform, How to Perform & Other Incidental Topics .For Details Visit https://www.meraskill.com/ca-cpt/law/performance-of-contract WhatsApp Now: 8692900017 http://www.meraskill.com/ our other chapters in this series Accounts by Sheela Madam http://bit.ly/AcctsIntro http://bit.ly/AcctJournaltoCB http://bit.ly/CR_ROE http://bit.ly/BankRecoS http://bit.ly/MSInventory http://bit.ly/MSDep http://bit.ly/MSFinalAc http://bit.ly/MSConsignment http://bit.ly/MSJointV http://bit.ly/MSBillsOfExchg http://bit.ly/MSSalesReturn http://bit.ly/MSPartnership1 http://bit.ly/MSPartnership2 http://bit.ly/MSCompanyActs1 http://bit.ly/MSCompanyActs2 Law by Bharat Sir http://bit.ly/MSNatureofContract http://bit.ly/MSConsideration http://bit.ly/MSEssentialElements http://bit.ly/MSPerformanceOfContract http://bit.ly/MSBreachOfContract http://bit.ly/MSContingent_Quasi http://bit.ly/MSFormationContractOfSale http://bit.ly/MSCondition_Wattanties http://bit.ly/MSTransferOfOwnership http://bit.ly/MSUnpaidSeller http://bit.ly/MSNatureOfPartnership http://bit.ly/MSRelationshipOfPartners http://bit.ly/MSRegistration_Dissolution Micro by Bharat Sir http://bit.ly/MSIntroMicroEconomics http://bit.ly/MSDemand http://bit.ly/MSTheoryofCB http://bit.ly/MSSupply http://bit.ly/MSTheoryOfProd http://bit.ly/MSTheoryOfCost http://bit.ly/MSMarket http://bit.ly/MSPriceDetermination Macro by Jaya Madam http://bit.ly/MSNatureOfIndianEconomy http://bit.ly/MSRoleOfDiffSectors http://bit.ly/MSNationalIncome_Tax http://bit.ly/MSPopulation_Poverty_Unemployment http://bit.ly/MSInfrastuctureChallnges http://bit.ly/MSBudget_Money_Banking http://bit.ly/MSEconomicsReforms Maths by Anand Sir http://bit.ly/MSRatio_Propr http://bit.ly/MSIndices_Log http://bit.ly/MSEquations http://bit.ly/MSInequalities http://bit.ly/MSInterest http://bit.ly/MSPermutaion_Combination http://bit.ly/MSAP_GP http://bit.ly/MSSets_Function http://bit.ly/MSLimits http://bit.ly/MSDifferentiation http://bit.ly/MSIntegration
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[Hindi] What are Contracts? What is the Procedure of Government Contracts?
 
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Hey Guys, The Main Aim of this video is that what are Contracts. And. What is the Procedure of Government Contracts. Definition of a Contract: A contract is An agreement between two parties. But Be sure that Both of person of parties will agree with the agreement and It's General Conditions. Procedure of Government Contracts: 1. Requirement of works. 2. Engineer Prepares Estimate/Bill of Quantities 3. Department invites Tenders. 4. Contractors fill their rate According to Items Specifications. 5. Department select contractor who have filled the lowest rate for work. 6. An agreement will be written between Department amd Contractor. 7. After the specific duration, Department's Engineer fill the Measurements Book and Ensure that contractor done his work as per Bill of Quantities OR Not. 8. According to measurement Book, a Final Bill was preaperd and send to account wing. 9. The contractor receive his payment and the tender will be Closed. I hope guys, you enjoy this video. If you have any queries with this video so comments below. Subscribe here: https://www.youtube.com/civiltechhindi Facebook page: https://www.facebook.com/CivilTechHindi.org Instagram: https://www.instagram.com/mohit_mmenaria/ About: Civil Tech Hindi is a. YouTube Channel. It's Aim is To touch more people with civil engineering In hindi.(New video posted Everyday)
Views: 2715 Civil Tech Hindi