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According to Tennessee judicial decisions to date, the meaning of § 47-50-112, regardless of what seems to be promised by "enforced as written," is more complicated than that contracts are to be enforced as written.The purposes of this article are to provide an overview of the statute, § 47-50-112, a brief review of Tennessee decisional law before the enactment of § 47-50-112 concerning construction of written agreements, a review of decisional law on the subject since the enactment of § 47-50-112, and suggestions for addressing the issue of oral modification of written contracts in Tennessee law and in written agreements governed by Tennessee law. The first two are very similar to one another, and dissimilar from the third, the main subject of this article.“Misrepresentation of fact” means a false statement of substantive fact, or any conduct which leads to the belief of a substantive fact material to proper understanding of the matter in hand, made with intent to deceive or mislead. (a) Except as specified in paragraph (b) of this section, this part applies to any express or implied contract covered by the Federal Acquisition Regulation.(b) This subpart does not apply to any contract with— (1) A foreign government or agency of that government; or (2) An international organization or a subsidiary body of that organization, if the agency head determines that the application of the Disputes statute to the contract would not be in the public interest.These procedures may include, but are not limited to, conciliation, facilitation, mediation, fact-finding, minitrials, arbitration, and use of ombudsmen.“Defective certification” means a certificate which alters or otherwise deviates from the language in 33.207(c) or which is not executed by a person authorized to bind the contractor with respect to the claim.

The discussion is general in nature and not specifically aimed at legal requirements in Georgia. For example, a valid contract must involve lawful objects or actions.As used in this subpart— “Accrual of a claim” means the date when all events, that fix the alleged liability of either the Government or the contractor and permit assertion of the claim, were known or should have been known.For liability to be fixed, some injury must have occurred.The next chapter covers the important Georgia requirements. Therefore, the exchange of a house for corporate bonds or stock is the basis for a valid contract.CLASSIFICATION OF REAL ESTATE SALES CONTRACTS Real estate sales contracts, like all contracts, can be classified in various ways. If the buyer tenders forged bonds, the contract would be void because the passing of forged bonds in not a lawful action.Failure to certify shall not be deemed to be a defective certification. chapter 71, Disputes, establishes procedures and requirements for asserting and resolving claims subject to the Disputes statute.


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