Questions tagged [contracts]
For questions that relate to the outcomes of contracts such as loans, securities, derivatives, employment, etc.
64
questions
12
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4
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guarantor's responsibility if lease is completed, but tenants refuse to leave
We signed a lease guaranteeing the rent for our son. He was expected to pay when he got on his feet, but has made no payments. We have paid all monthly payments and there are 2 months left on the ...
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-2
votes
3
answers
138
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Mathematics and Accounting of withdrawals and deposits in a shared portfolio
My friend is a day trader and works with money, after days of research I still haven't found a method or approach to accounting our shared account.
I've came across keywords such as pooled funds, ...
- 105
4
votes
1
answer
797
views
Can I get sued by a company after winning a chargeback? [closed]
I have a problem with a company that has delivered a service that it considers to be completed, even though it has failed to comply with the contract.
I have evidence to justify these failures and ...
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-3
votes
2
answers
113
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Are smart contracts meant to be "updateable"? Is it up to the creator to secure whatever terminal or codes are necessary to update the contract? [closed]
I'm looking into creating a smart contract on Ethereum or Solana, just for fun for now. I know in practice how to create a smart contract, but at this point I have a dilemma:
In the one hand, it ...
4
votes
2
answers
606
views
Paid Cash for a car and dealer called me to return it 10 days later?
Bought a car cash from a dealer and traded in my car with a lien left over of $1100 dollars. We agreed after negotiations on buying used car for $23K and they would accept my trade for $5500 leaving $...
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1
vote
4
answers
315
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Should a freelance programmer charge me for hours spent where a computer was running a script?
This question might be more applicable to the Stackoverflow crowd, but is not a coding question.
I recently hired a freelance developer to build a certain script. From there, after the script was run ...
- 29
0
votes
1
answer
59
views
Price adjustment in 4-6 year contract
I am from Latin America, I have recently formed a software factory.
I am about to make my first important contract with a European company and I need to make a projection of the variation of salaries ...
- 101
0
votes
1
answer
136
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What kind of professional should I speak to regarding protecting a house from auto defacto?
I am currently building a house for myself. My partner is moving in with me; first into a rental property, then once the house is built we will move into the house together. I have read a lot of ...
1
vote
3
answers
84
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Do options contracts give you cash or the underlying?
Whenever I read about options valuation, it's phrased in terms of payoff diagrams. For European options, the value at expiry is the difference between the strike and the market price of the underlying ...
5
votes
1
answer
161
views
Resale of a House with Estate Rentcharge
Made an offer on a c. 40 yr. old freehold house in London. Had offer accepted.
When going through the docs as part of pre sign-off due-dilligence, turned out there is a 300 GBP / year Estate ...
0
votes
3
answers
1k
views
My company is being acquired, pay?
Recently, I was informed by my employer, our start up company is being acquired by a larger firm.
I have been asked to exercise my shares, which I have.
The only question I have is regarding pay ...
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0
votes
1
answer
94
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How to get UK company share certificates when an entrepreneur does not comply?
In January 2020, I made an investment of £7,500 being promised that I would receive the respective share certificates related to UK company.
After that, the pandemic became the excuse but the ...
- 196
0
votes
1
answer
117
views
Am I bound to the existing lease then?
I am an international student from India. I am studying in Saint Louis in the USA.
In the summer of 2019 I went back to India giving my room for a sublet. I know the person who was taking temporary ...
- 103
1
vote
1
answer
100
views
Are there places to long/short OIL contract futures, for the average person, until the closing time?
I am wondering if the average Joe could have made a profit yesterday, on the CLK2020CRUDE OIL FUTURES (MAY 2020) contract, that ended having negative prices.
I've seen that there are CFD products ...
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1
vote
2
answers
324
views
UK - letting agency / landlord responsibility to provide documentation for a heating system
This question is based on renting a property via a letting agent in the United Kingdom.
I am renting a small flat as I've sold one house and am considering my options before purchasing another. I ...
- 339
0
votes
5
answers
527
views
When and how would a company make money by taking $1 out of my paycheck and donating it to charity?
In the US as I understand it, there are corporate tax deductions for charitable giving.
For this or any other reason, would a company with large salary expenditures and positive profits (sometimes) ...
- 213
5
votes
4
answers
2k
views
Is an inspection contingency with "no money back" wasted verbiage?
We are the sellers. Our contract explicitly states 2 things:
The Buyers can back out based on the inspection and receive earnest money back.
Sellers will not provide money back at closing, or make ...
- 1,541
5
votes
2
answers
167
views
UK Broadband company started a new 12 month contract without my authorisation
I don't want to name the provider so have referenced them as Provider. The following has happened to me and I want to know where I stand legally. This has happened in England (UK).
In December 2015 ...
- 339
2
votes
0
answers
172
views
Landlord/Property managers broke contract (I think) but I never did anything about it due to hassle involved, what are my options now?
So, about a year ago some people came in and changed the Electric and Gas meters to Pay as you go meters because the landlord hadn't paid the bills. Since my contract was an all-inclusive contract ...
- 249
1
vote
6
answers
437
views
Advice on loan to friend
I am writing up a legal document (USA, Michigan) for loaning 7k to a friend with 10% APR with a term length of 5 years. (known him 5 years, he has paid back many smaller loans before).
We'll both ...
0
votes
1
answer
4k
views
Value of a Forward contract at an intermediate time
Suppose we hold a forward contract on a stock with expiration 6 months from now. We entered into this contract 6 months ago so that when we entered into the contract, the expiration was T=1 year.
The ...
1
vote
1
answer
87
views
Yearly line rental - moving provider or moving house
I am confused with how paying for a yearly line rental works. As you could guess, I am 12 months into my broadband contract and they are offering me to pay for another years line rental up front. I ...
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3
votes
3
answers
298
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Why Options trading is charged on per contract basis
I have been trading options for years, but could not understand why Brokerages charge fee on basis of number of contracts.
Per Fidelity : Trade for just $4.95 per online trade, plus $0.65 per ...
- 1,045
2
votes
4
answers
255
views
What do option contracts look like?
Options are said to constitute in essence a legal contract for one party to buy or sell an assets at a set price in a future time. In modern trading, is there also an actual contract in fact, that is ...
- 3,699
0
votes
1
answer
103
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What Happens to OTM Puts Following a Cash Aquisition?
Say I purchase OTM puts with a $5 strike and the underlying company is acquired through a tender offer that pays $19.00 cash per share. My contracts are accelerated and adjusted to reflect the new ...
5
votes
1
answer
233
views
Germany - Tax implications for a full-time contract in the same year of a HiWi contract
I'm about to graduate from a German university. At the beginning of the year, I am working a HiWi (research assistant) job, and the contract ends in March. After I graduate I'm going to take up a full-...
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3
votes
5
answers
514
views
Cheaper in absolute sense to buy more?
I recently talked to my ISP. I am paying ~80 USD/mo for telephone service. If I purchase DSL + telephone service, other than a one off equipment charge I will pay ~60 USD/mo total. This without any ...
- 131
0
votes
1
answer
159
views
What is the value of these phantom units?
The wording of this paragraph is not clear to me. Does the value of the Phantom Units equate to 0.25% of the FMV, or do they equate to 0.25% of 10% of full FMV?
The number of Phantom Units granted ...
- 3
2
votes
1
answer
137
views
Need help negotiating a salary agreement with my boss [closed]
I'm a college student who is interning at a startup company. My job as an intern is to help redesign and launch an app, so that it runs on Android as well as iOS. When I signed up for the job I was ...
- 121
1
vote
2
answers
290
views
What does this passage in my lease contract mean? [closed]
In my lease for an apartment that I am renting it says:
You are giving up certain important rights. You are waiving your right
to have a Notice sent to you before the Landlord starts a court
...
- 111
0
votes
1
answer
338
views
Endorsed cheque [closed]
I am trying to understand the underlying contract of an endorsed cheque a bit better, and would love to know how the liabilities are determined in the following situation:
Alice writes a cheque to ...
- 121
68
votes
11
answers
40k
views
Rent cheque was stolen from landlord - am I obligated to pay again?
I live in Quebec, and my rent cheque was stolen from my landlord as they travelled to the bank to deposit it. They've asked me to stop payment on the cheque, and provide them with a new one. The ...
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5
votes
3
answers
207
views
Credibly Commit to Charity Matching? [closed]
Edit: Thank you all for your answers, I consider this issue resolved! The answer appears to be that there is no easy or universal platform that enforces charity-matching commitments, but that
...
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7
votes
2
answers
337
views
Estate agent wants to charge a large amount to change the contract
I live with two other people in a house share in the UK.
One is moving out, and the estate agent who handles the contract wants to charge us £300 for the pleasure of changing a name. We think this is ...
- 321
1
vote
1
answer
72
views
I need help understanding what 'net of required taxes' means
In this contract what does net of mean? is it the amount after or before taxes?
Award – Cash awarded to a Participant under the Program, net of all required federal and state withholding taxes, due ...
1
vote
2
answers
129
views
Is this a viable business plan to secure me real estate?
I'm asking here if this is a viable/likely option for me. To put it shortly, I don't make enough money to put a down payment on any house. I am looking for a silent investor who is willing to agree to ...
0
votes
2
answers
55
views
Is a real estate attorney needed for builder deposit contract?
I am in the market for a new house and my agent recently showed me a new construction that is only about halfway completed.The builder is financing the construction and he said he can "hold" the house ...
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2
votes
3
answers
320
views
Is it possible to incur closing costs before closing on a home, by backing out of contract too late?
Someone I know is purchasing a home and has already gone through the inspection, commitment period and all. While waiting on the lender and lawyers to get everything ready for closing, this buyer ...
- 21
4
votes
2
answers
1k
views
How are option contracts enforced?
Option contracts (this question also applies to futures) on exchanges are required, legally, to at least put an option margin of 50% to cover some collateral. However, if things go as expected for the ...
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0
votes
1
answer
111
views
Question about Snowball, Target Redemption Forward [duplicate]
What is a snowball? What is a target redemption forward?
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2
votes
1
answer
11k
views
Why is a month to month fee listed on my 12-month apartment lease?
I'm currently in the process of signing an apartment lease. As I was going through the terms, I noticed this:
In addition to my "Rent Due Monthly" there is a listed "Month to Month fee". Now, my ...
- 235
0
votes
1
answer
482
views
Can a smart contract work based on fiat currency? [closed]
Can a smart contract work based on fiat currency? What kind of transactions can be facilitated by smart contracts? are they only open to electronic goods, or can transactions of physical goods also be ...
1
vote
1
answer
641
views
Backing out of real estate contract as buyer
Several days ago, I signed a contract agreeing to purchase a house; however, since then I had a change of mind due to:
structural problems with the house
changing my mind on my personal finances.
To ...
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3
votes
4
answers
2k
views
How do Inspection Contingencies work if the seller offers to fix the problem?
We made an offer on a house and the seller accepted it. Now we did a Home Inspection of the house, and we found that it had unacceptably high Radon levels. The seller has offered to install a Radon ...
1
vote
3
answers
592
views
Sell a domain name with equity contracts?
I have a few domain names I want to sell. Because some of them have an extremely high potential to earn the buyer big money when turned into a prosperous, profitable business, I've thought about ...
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6
votes
1
answer
411
views
Does a home buyer have any protection against the seller breaking the contract?
I'm somewhat familiar with the process of buying a house in the United States and I imagine the process is similar in other countries. Normally, the would-be buyer deposits some "earnest money" with a ...
- 5,300
10
votes
3
answers
9k
views
Is it standard practise for rent to increase in line with the RPI?
UK based, South East specifically, but not London.
I have a rental contract which specifies the rent will increase yearly in line with the RPI, minimum 3% and maximum 7.5%.
I'm not sure if this is ...
- 321
11
votes
3
answers
13k
views
Is it practical to take actual delivery on a futures contract, and what is the process?
Usually people trade futures speculatively, ie. they buy and sell contracts without actually delivering the goods. However, technically the futures are contracts for delivery of a certain amount of ...
- 2,668
6
votes
3
answers
273
views
Clarifying a phrase on a rent agreement
Consider the following sentence: "For the period from Tenant's move-in date, _________, through the end of the month, Tenant will pay to Landlord the prorated monthly rent of $1200."
Does this mean ...
- 163
0
votes
1
answer
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Notice period calculation as an employee in the UK [closed]
As an employee I have a notice period of one week. If I hand in my notice on Wednesday, will my last day at work be the next Wednesday? Or the next Tuesday?
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