A business contract is a legal promise made between
two or more parties. A contract may be drawn when the associated
parties wish to enter into a transaction like buying or selling,
performing services, leasing properties, collaborating in joint
ventures, advertising, manufacturing, distributing or selling goods,
etc. The business contract is considered a surety against cheating by
any of the associated parties.
The length of a business contract depends on the number of clauses
being mutually agreed upon. It may be of a single page or it may run
into a dossier of several pages. Every business contract is legally
binding and attracts relevant stamp duties. The general practice is to
compose such business agreements in the presence of lawyers of all the
parties involved.
The first page of a business contract usually contains the names and
addresses of the signatories. A brief description of their jobs can be
mentioned along with their names. The date of signing the contract is
put up on the first page.
The next part of the contract is called the recitals. This is a very
short description of the type of transaction the parties are going to
enter into. It is usually no longer than a paragraph. After recitals
follow the specifications, in which there is a detailed description of
the job the parties are to undertake. This part may run into several
pages and it contains a very succinct description of the exact job
portfolio. It sometimes contains formulas, diagrams, sketches and graphs
in order to better explain the nature of the job.
Payment comes in the next section. A very clear mention is made of
the remuneration that one of the parties is to give to the other. Either
the exact figure is mentioned, or at least the determining factors are
outlined. If time is extremely relevant in the completion of the job,
then the sentence “Time is of the essence” is included. Whatever the
conditions regarding the payment may be, they are to be put down in the
contract.
Apart from all this, there are several legal points covered. It is
written in the contract which state jurisdiction will apply in case of a
legal suit. Also, the tenure of validity of the contract is mentioned.
A business contract is a very delicate matter. It takes several
deliberations between the associated parties along with the involvement
of their lawyers to reach a final draft. There are sometimes several
negotiations and amendments in the agreement, until it becomes
satisfactory to all concerned. Only after mutual agreement are the
signatures put down on the document. All concerned parties have to
preserve a copy of the contract as long as it is valid.
Salvation at work in the UK
Stress at Work in the UK
At Claims Master Group we understand the unhappiness, depression ill
health and stress which can be brought on by bad working conditions
& unfair working practices. In many cases, there are good grounds
for claiming compensation for stress at work
For example:
Unrealistic service levels or deadlines at work causing stress and depression
The rise in sexual discrimination can lead to stress and depression at work
An unclean work environment stress and depression at work
The fear of continual racist abuse causing stress and depression at work
Not allowing necessary breaks from work can often cause stress and depression at work
Employees who become depressed at work through stress, they deserve to claim compensation
What is stress?
HSE defines stress as “the adverse reaction people have to excessive
pressure or other types of demand placed on them”. Pressure is part and
parcel of all work and helps to keep us motivated . But excessive
pressure can lead to stress which undermines performance, is costly to
employers and can make people ill.
Why do we need to tackle stress?
· about half a million people in the UK experience work-related stress at a level they believe is making them ill;
· up to 5 million people in the UK feel “very” or “extremely” stressed by their work; and
· a total of 12.8 million working days were lost to stress, depression and anxiety in 2004/5.
Employers should look at:
· developing appropriate and effective policy
· organising a risk assessment and benchmarking exercise
· developing appropriate training for managers and staff
· developing support structures and services as needed
Bullying at work can be grounds for compensation
There are many more causes of employee stress and depression at work.
However there is some good news. You could be entitled to reasonable
compensation if you are suffering stress and depression at work or have
been forced to resign from work because of undue stress which has led to
depression.
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If you need advice or would just like to speak to someone, please
don’t hesitate to give Claims Master Group a call on 08000 71 22 71.
The Personal Injury, Accident Claim, No Win No Fee, Stress at work in the UK specialists.
الأربعاء مايو 02, 2012 4:39 am