Stated value contract definition
WebNov 26, 2003 · A stated value is an amount assigned to a corporation's stock for internal accounting purposes when the stock has no par value. Like par value —which is the face … WebMar 18, 2024 · In contract law, an offer is defined as a promise of money or an item of value from a promisor in exchange for performance by a promisee. An offer can be revoked, …
Stated value contract definition
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WebContract terminology Glossary. You can visit our contract terminology glossary for a comprehensive list of legalese. Below are some of the most important phrases you need to know. Ab Initio (Ab Init ): Latin, meaning from the beginning. Alternative Dispute Resolution (ADR): methods of attempting to resolve a dispute without going to court. WebA firm-fixed-price contract provides for a price that is not subject to any adjustment on the basis of the contractor’s cost experience in performing the contract. This contract type …
WebNov 9, 2024 · The government places delivery orders (for supplies) or task orders (for services) against a basic contract for individual requirements. Minimum and maximum … WebThe contract has both of the following terms, which determine the amount of the settlement or settlements, and, in some cases, whether or not a settlement is required: One or more …
WebJun 13, 2024 · Present value (PV) is the current value of a future sum of money or stream of cash flows given a specified rate of return. Present value takes the future value and applies a discount rate... WebMay 4, 2024 · Stated value insurance is a type of coverage for collectible items that will cover the stated value or actual cash value at the time of total loss, whichever is lower. It …
Webcontract noun [C] (AGREEMENT) a legal document that states and explains a formal agreement between two different people or groups, or the agreement itself: She already …
trendy high top sneakersWebOct 22, 2015 · Additional Resources. For other materials on this topic, please refer to the following. ABA Web Store. A Manual of Style for Contract Drafting With A Manual of Style for Contract Drafting, Kenneth A. Adams has created a uniquely in-depth survey of the building blocks of contract language.This manual focuses on how to express contract terms in … temporary pacemaker cpt codeWebDeclared Value means the assessment by the Insured of the cost of reinstatement of Property Insured arrived at in accordance with paragraph 1ai of the Basis of Settlement Adjustments at the level of costs applying at inception of the Period of Insurance (ignoring inflationary factors which may subsequently operate), together with, to the extent … temporary p45WebIn simple terms and to meet the legal definition, this procurement method means that the government will evaluate proposals against the solicitation criteria. The agency usually has a source selection plan that outlines a uniform source selection decision process for … temporary overseas visitorWebExamples of Aggregate Stated Value in a sentence. Each share of the Series A Preferred Stock shall be redeemable at the option of the holder, at any time after the date of issuance of such share, for the payment of cash by the Corporation to the holder equal to the Aggregate Stated Value of the shares of Series A Preferred Stock that holder elects to … trendy high thigh one piece swimsuitWebA covenant or agreement between two or more persons, with a lawful consideration or cause. Jacob. A deliberate engagement between competent parties, upon a legal consideration, to do, or abstain from doing, some act Wharton. A contract or agreement is either where a promise is made on one side and assented to on the other; or where two or … temporary pacemaker icd 10WebMar 11, 2024 · Acceptance is the agreement to an offer resulting in duties, obligations, or benefits for one or more of the parties. Acceptance can be expressly stated in writing or verbally, or implied through ... temporary pacemaker insertion cpt