According to section 439 (3) BGB the seller or supplier shall also be liable in the case of warranty claims in B2B-transactions for any removal and installation costs incurred in the course of
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possible risks
2.6 Whether the acceptance of an "offer" forms a legally binding contract depends on the language of the original RFT.9 RFTs may take two general forms: (a) one where acceptance of an offer produces a binding contract (Section 2.15); and (b) one where acceptance does not produce a binding contract (Section 2.20 to 2.24).
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In deciding whether to apply for a carrier licence, an organisation needs to carefully weigh the obligations on carriers against the rights of carriers. An organisation that does not wish to be subject to such obligations may arrange for an existing licensed carrier to apply for a NCD for its network units.
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Intermediate Accounting III Chapter 6 HW. Franklin Construction entered into a fixed-price contract to build a freeway-connecting ramp for $30 million. Construction costs incurred in the first year were $16 million and estimated remaining costs to complete at the end of the year were $17 million.
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In order to meet its obligations under the IMCO contract, ACE hired another supplier to correct the defects in the Rock Busters equipment. For an additional $500 000 the supplier replaced the cone crusher with one manufactured by another company. The modified equipment was able to crush the material at the rate of 180 tonnes per hour.
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Understanding Your Liability When Using Subcontractors for Construction Projects. Hiring subcontractors may be standard practice in the construction industry but, before you hire out, you should study up on subcontractor taxes, insurance, and contract provisions, so you can get the job done without any unnecessary financial risk. by Lorelei Laird.
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An example of a subject of indemnity is a window supplier agreeing to defend a contractor that hired him to provide material and installation for said windows. Additionally, § 2778 requires an indemnitor to cover the indemnitee’s entire defense costs – regardless of whether the indemnitor is eventually found negligent.
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The obligation to withhold applies on the TWAs’ income payments to “regular suppliers” which is defined under the rules as a supplier with whom the taxpayer has transacted at least six times, regardless of the amount per transaction. Further, a single purchase which involves PHP10,000.00 or more shall be subject to the 1% or 2% EWT, as
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These estimates assume an average path width of 3 to 4 feet. DIY materials to create your own gravel path cost $100 to $1,000 and can be installed in an afternoon. First, install a durable landscape edging. Either coarse sand, finely crushed limestone, granite, or crusher run all work well as a 2-inch base foundation. Water the finer crushed
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safety instructions, and know-how to do a job properly and safely. If a condition is described, DO NOT assume that the bulletin applies to your vehicle, or that your vehicle will have that condition. See your GM dealer for information on whether your vehicle may benefit from the information. WE SUPPORT VOLUNTARY TECHNICIAN CERTIFICATION 1
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party to another party, whether due to principles of fairness or equity or by express agreement between the parties. An insurance contract is probably the most well known type of indemnity agreement, in which the insurance company agrees indemnify the to insured against another party’s conduct.
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installation and commissioning of the Goods, are expressly excluded. 4. Variations. Purchaser and may at any time prior to Delivery (as defined below) vary the scope of work by written agreement recording required amendments to the Goods, the Contract Price and Delivery times for the Goods as well as any other relevant matters.
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The assignee must agree to accept, or "assume," those contractual rights and duties. The other party to the initial contract must consent to the transfer of rights and obligations to the assignee. A standard assignment and assumption contract is often a good starting point if you need to enter into an assignment and assumption agreement.
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It is stated as a percentage of the new feed to the crusher. The equation for circulating load percentage is: To help understand this determination and the equation use, take the example of 200 tph original or new material to the crusher. Assume 100% screen efficiency and 30% oversize in the crusher input.
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18 questions you should ask possible vendors and suppliers. Understands your needs – Does your company have experience with a business like ours and understand our needs? Scalable and flexible – As your business grows, can the supplier scale to your needs? If there was a boost in productivity could the supplier adjust to meet your increased
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Documents, whether completed or partially completed, and includes all other labor, materials, equipment and services provided or to be provided by the Contractor to fulfill the Contractor''s obligations. The Work may constitute the whole or a part of the project. 1.2 EXECUTION, CORRELATION, AND INTENT
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Supplier shall assume all risks in the delivery of the goods. Any damage to the goods prior to and during delivery shall be shouldered by the Supplier. In such an agreement the goods supplied to the buyer is fixed whether the actual price dictates an increase or decrease due to market fluctuations. This is a promise between the parties that
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18.1 Contractor shall assume full labour responsibility for all personnel assigned to or contracted for the performance of Work, and agrees to strictly comply with all its obligations as employer with respect to said personnel according to the Federal Labour Law, the Social Security Law, the National Workers’ Housing Fund Law and all
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liability disclaimer. the information, software, products, and services included in or available through the equity loan broking web site may include inaccuracies or typographical errors.changes are periodically added to the information herein. equity loan broking and/or its suppliers may make improvements and/or changes in the equity loan broking web site at any time.
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Preface This Operations and Maintenance (O&M) Best Practices Guide was developed under the direction of the U.S. Department of Energy’s Federal Energy Management Program (FEMP).
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Every business has to give its customers prices for its products or services. There are several ways you can do this. Many businesses, such as hairdressers, use a standardised price list that remains the same for every customer. Other businesses, such as painters and decorators, have to provide tailored prices for the specific products or services a customer wants to buy.
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A performance obligation is a promise to transfer a distinct good or service to a customer. Identifying the separate performance obligations within a contract affects both when and how much revenue is recognised. Entities will need to determine whether performance obligations within customer contracts should be accounted for separately or bundled
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Suppliers. A supplier sources items at a suitable price for your business. They supply your business with the right materials, products and/or services for you to conduct business. Suppliers don’t only supply your business with products and other physical supplies — they may also supply a service to your business, including: insurance products.
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Assume that Denis Savard Inc. has the following accounts at the end of the current year. To determine whether a performance obligation exists, the company must provide a distinct product or service to the customer. Destin may or may not have a performance obligation for the installation of the 3-D printer as installation can be done by
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Valley Sand and Gravel, Inc. are purchasing a new crusher for $500,000. It will have a ten-year life and the salvage can be sold for $50,000 at the end of year ten. There will be major repairs at t...
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What Are My Legal Responsibilities As A General Contractor? Posted at 04/29/2013; General contractors have many responsibilities during every project. From coordinating supplies, delivery and laborers to meeting permit requirements and customer demands, all while ensuring the project moves forward according to plan, the responsibilities are varied.
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possible risks
2.6 Whether the acceptance of an "offer" forms a legally binding contract depends on the language of the original RFT.9 RFTs may take two general forms: (a) one where acceptance of an offer produces a binding contract (Section 2.15); and (b) one where acceptance does not produce a binding contract (Section 2.20 to 2.24).
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Intermediate Accounting III Chapter 6 HW. Franklin Construction entered into a fixed-price contract to build a freeway-connecting ramp for $30 million. Construction costs incurred in the first year were $16 million and estimated remaining costs to complete at the end of the year were $17 million.
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Customers can purchase any combination of equipment, installation services, and training as part of Fuhremann''s security services. Thus, each of these performance obligations are separate with individual standalone selling prices. Laplante Inc. purchased cameras, installation, and training at a total price of $80,000.
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Incident at Morales An Engineering Ethics Story Oct. 2003. Developed by the National Institute of Engineering Ethics, Murdough Center for Engineering Professionalism, Texas Tech University Incident at Morales is a 36-minute fictional drama (video), commissioned by the National Institute for Engineering Ethics, about a young engineer confronting ethical dilemmas while working on a new chemical
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