3
votes
Accepted
how would conflicting clause in contract be resolved?
united-states
The contract would be ambiguous on its face. Therefore, the Court will accepte whatever "extrinsic evidence" (i.e. evidence beyond the language of the contract) the parties ...
- 239k
2
votes
What happens with a contract if a company is bought out and there is NOT an assignment clause?
If Hotel C buys the ownership interests in Hotel A's company, then Hotel A is still Hotel A, just owned by new people, and the Hotel A subsidiary of Hotel C is bound by the contract with person B in ...
- 239k
1
vote
What's a concept that encompasses a customer's acceptance or rejection of terms?
I think most lawyers from common-law jurisdictions would describe this as a "response," "decision," or "election."
- 61.8k
1
vote
Accepted
Can contracts be sold as an active?
Assignment
The rights under a contract can be assigned to a third-party unilaterally (unless explicitly excluded). That is, without needing the permission of the other party to the contract. But the ...
- 226k
1
vote
What happens with a contract if a company is bought out and there is NOT an assignment clause?
Contracts are transferable by default
Contracts contain legal rights. Legal rights are personal property. Personal property is transferable.
However, obligations under are contract can only be ...
- 226k
Only top scored, non community-wiki answers of a minimum length are eligible