Contract Law Overview of Legal Terminology and Basic Contract Law BASIC PRINCIPLES OF ENGLISH CONTRACT LAW What a contract is? Contract is probably the most familiar legal concept in our society because it is so central to the essence of our political, economic, and social life. In common parlance, contract is used interchangeably with agreement, bargain, undertaking, or deal. …
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Alternative Disputes Resolution Definition Besides than court system, there are other ways for people to solve their disputes. Due to the inefficiency of the court system, two main alternative dispute resolutions such as mediation and arbitration are to be introduced. Alternative Disputes Resolution also known as ADR refers to settling the disputes outside the court. ADR …
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Can a Contractor Claim for Loss of Profit ? Claim under standard forms of contract All standard Forms of Contract provide for the Architect or the Engineer to order variations to the Works, and such variations may include omissions. Whenever variations are ordered that omit work, and particularly if such omissions are substantial in nature, contractors …
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