What is the difference between major and non-major breach of breach of contract is?
A key aspect 1) involved in material breach of the agreement, such as the contractor did not appear for some time at the site.
2) a non-material breach protocol involving less important aspects, such as the contractor did not clean up the site at the end of the day.
2. Describe the convenience terminate the contract.
Any time the buyer may terminate convenience, such as project funds run out, it can facilitate termination.
3. What is the difference between mediation and arbitration is binding?
1) mediation is usually carried out under contract by an objective third party to help find a friendly solution.
2) by binding arbitration in accordance with the establishment of the contract, there may be one or three arbitrators. The court will force the implementation of their decision, it is binding.
4. Under what article you can terminate the contract breach?
When a contract is terminated because of breach of contract, that is, the seller did not complete the contract work as stated in the contract, the contractor may not have been under construction but not by customer acceptance of payment for the work. Buyer, as the case may be, may be entitled to a refund of their money so far paid substandard work.
5. List the three guarantee the seller can provide.
1) Unless otherwise allow, material or equipment is high quality and new.
2) In addition to the license of the defect inherent quality of the work will be free of defects.
3) work to meet the requirements of the Contract Documents.
6. What is the guarantee?
Guarantee provided by the security company. Owners must pay monthly deposit, which can be bid security, performance guarantees or payment guarantee.