Types of agreements under Indian Contract Act, 1872 Valid agreement. Section 11 of the Indian Contract Act, 1872. Void agreement. Section 24 of the Indian Contract Act, 1872. Wagering Agreements. Contingent Agreement. Voidable agreement. Express and implied agreements. Illegal Agreements.
Market unpredictability: Unexpected outcomes occur frequently, meaning event contracts carry unpredictable market risk. Liquidity concerns: Since some event contract markets remain relatively new and untested, they pose some liquidity risks when few active parties are interested in a contract.
Event Contract means a Contracts in an excluded commodity (as defined in Section 1a(19) of the Commodity Exchange Act) that is based upon the occurrence, extent of an occurrence, or contingency.2.
An event contract clearly outlines the terms, expectations, and responsibilities of both the event planner and the client. It helps minimize disputes, ensures financial transparency, and provides a framework for successful event planning.
An event contract essentially includes the following: Details of the event, including venue, date, time, etc. Parties intention from the event. Services provided by the planner.
How to draft a contract between two parties: A step-by-step checklist Know your parties. Agree on the terms. Set clear boundaries. Spell out the consequences. Specify how you will resolve disputes. Cover confidentiality. Check the legality of the contract. Open it up to negotiation.
How to Get Clients as an Event Planner Carve out a niche for yourself in the event industry. Build up a solid portfolio of clients. Start your own website. Advertise on social media. Build up a local buzz. Network with nonprofits.
What Does an Event Checklist Include? Defining the goals and objectives. Establishing the event framework with date, time, duration, and venue. Creating a budget. Developing a marketing strategy. Securing key vendors and services. Obtaining permits and licenses. Planning logistics and operations.
For local and state contracts, register with Florida's Department of Management Services. For federal contracts, obtain a Unique Entity ID and register on the System for Award Management (SAM) website. Identify Suitable Opportunities: Stay updated on available opportunities through various platforms.
Event Planner Prerequisites Bachelor's degree in business, marketing, communications or a related field. Event planning certifications (not required, but helpful to have). One to two years of relevant professional experience.