Agreements org
A contract is a legal document that is formed between two or more than two parties and creates legal obligations between the parties. This agreement consists of 4 main elements which are offer and acceptance, intention to be legally bound consideration and mutual consent.
"A contract is a legal document that is formed between two or more than two parties and creates legal obligations between the parties. This agreement consists of 4 main elements which are offer and acceptance, intention to be legally bound consideration and mutual consent."
A Factoring Agreement is entered between a business and a factoring company. This agreement transfers a company’s accounts receivables to a third-party factoring company in exchange for cash advances. The purpose of the agreement is to help the company raise capital for its short-term requirements.
An ISDA Agreement is a master agreement for trading in over the counter derivative transactions on an international scale. A master agreement is a contract which contains the terms and conditions governing all the transactions that are taking place or may potentially take place between the parties
Exclusivity Contract ensures that the buyer and supplier are mutually exclusive and do not do business with another entity in that geographical region. The contract gives both parties a competitive edge and ensures that they stringently follow the terms and conditions stated in the contract.
An insurance agreement is created between the two parties. One is the insurance firm, and the other is a person or a company. Here the insurer agrees to pay the policyholder for any damage to the insured property or item. Some major Insurances include life, medical, auto, property. Download PDF/Doc
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