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Contract News
Information About Commercial General Liability Insurance
Pursuant to California Business & Professions Code §7159.3 (SB 2029), home improvement contractors must provide this notice and disclose whether or not they carry commercial general liability insurance.
Did your contractor tell you whether he or she carries Commercial General Liability Insurance?
Home improvement contractors are required by law to tell you whether or not they carry Commercial General Liability Insurance. This written statement must accompany the bid, if there is one, and the contract.
What does this insurance cover?
Commercial General Liability Insurance can protect against third-party bodily injury and accidental property damage. It is not intended to cover the work the contractor performs
To Obtain Damages For A Breach Of Contract A Party May File A Civil Lawsuit
In the U.S., in order to obtain damages for breach of contract, the party may file for a civil lawsuit against, usually breach of contract cases happen within a state court, or petition a private arbitrator to decide the contract issues declared.
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News about contract cases in Alabama and nationwide:
Definition:
A promise by a contracting party that the other party can rely on certain facts or representations as being true.
Unconscionable
Definition:
Unreasonable; outrageous. Courts in many countries may refuse to enforce contracts which they deem to be unconscionable.
Avoidance Of Contract
Definition:
The legal cancellation of a contract because an event occurs that makes performance of the contract terms impossible or inequitable and that releases the parties from their obligations.
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