Alaska Conflict of Terms

State:
Multi-State
Control #:
US-OG-699
Format:
Word; 
Rich Text
Instant download

Description

This is simply a short statement that states that, in the event of a conflict between the provisions of one Article and the terms and conditions contained in prior Articles provided for in the Agreement, the parties agree that the provisions of a designated Article shall prevail.

Alaska Conflict of Terms refers to a legal doctrine that deals with contract interpretation and conflicts that arise when different provisions of a contract contradict or are in conflict with one another. This doctrine is mainly applied in contract law cases in the state of Alaska in the United States. It aims to resolve uncertainties and disputes arising from contradictory provisions within a contract. The Alaska Conflict of Terms doctrine is employed to interpret contractual provisions that conflict in terms of their meaning, obligations, or performance requirements. It ensures that parties understand and comply with the terms of their agreement, even in cases where these terms might be inconsistent or conflicting. Through this doctrine, Alaska courts strive to fairly and equitably resolve disputes without unduly favoring one party over another. There are two main types of Alaska Conflict of Terms that are commonly encountered: 1. Express Conflicts: These conflicts occur when explicit language within a contract contradicts or conflicts with other provisions. For example, if one section of a contract states that a payment is due on a specific date, but another section stipulates a different due date, an express conflict is said to exist. In such cases, the court employs interpretive techniques to determine the intent of the parties and resolve the conflict. 2. Implied Conflicts: Implied conflicts arise when different provisions within a contract are not explicitly contradictory, but their practical application may lead to conflicting results. These conflicts can emerge when different sections of a contract provide alternative methods of performance, pricing, or dispute resolution. For example, if one provision suggests resolving disputes through arbitration, while another provision indicates that disputes are subject to litigation, an implied conflict arises. Alaska courts examine the contract as a whole, taking into account surrounding circumstances and industry practices interpreting and resolve these conflicts. In conclusion, the Alaska Conflict of Terms doctrine plays a crucial role in contract law in Alaska. It helps ensure that parties to a contract understand their obligations despite conflicting provisions. By employing interpretive techniques, courts aim to fairly resolve disputes in a manner that upholds the intentions of the parties involved. Whether it is an express or implied conflict, the doctrine allows for a comprehensive analysis of contractual terms to facilitate a clear and consistent interpretation.

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FAQ

The true test of verifying whether a matter is just a potentially perceived conflict of interest, or an actual conflict of interest, is disclosure. When it comes to conflicts of interest, appearance is as important as reality. This is why disclosing conflicts of interest is important.

As a best practice, CFP Board recommends that a CFP® professional disclose the Conflict of Interest in writing before or when providing the Financial Advice. Relevant Standards and Definitions: Disclose and Manage Conflicts of Interest (Standard A. 5); definitions of Conflict of Interest and Material (Glossary).

Such a conflict occurs when a company or person has a vested interest?such as money, status, knowledge, relationships, or reputation?which puts into question whether their actions, judgment, or decision-making can be unbiased. Some examples of a conflict of interest could be: Representing a family member in court.

Hear this out loud PauseA conflict of interest may lead to legal ramifications as well as job loss. However, if there is a perceived conflict of interest and the person has not yet acted maliciously, it's possible to remove that person from the situation or decision in which a possible conflict of interest can arise.

Part 3: Different types of conflicts of interest financial conflict; non-financial conflict; conflict of roles; or. predetermination.

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How do you declare a conflict of interest? The procedure for declaring a conflict of interest should be spelled out in the local ordinance. Under state law, AS ... The non-Federal entity must maintain written standards of conduct covering conflicts of interest and governing the actions of its employees engaged in the ...Under Rule 1.7(a), a conflict of interest exists if there is significant risk that the lawyer's representation of the client will be materially limited by the ... Rule 1.7 - Conflict of Interest: Current Clients (a) Except as provided in paragraph (b), a lawyer shall not represent a client if the representation ... Sep 3, 2021 — This table lists state statutes and rules defining conflict of interest for legislators, government employees, and members of executive ... Any person may file a complaint with the City and Borough attorney, under oath and in writing, of a violation or potential violation of sections 01.45.010—01.45 ... (1) If complete information is not included in the request, the agency ethics official may ask the requester to provide more information or request information ... Investigators must use the University of Alaska Fairbanks Significant Financial Interest Disclosure Form to disclose significant financial interests. Each title of the Alaska Statutes shall be systematically reviewed at least once each two years for deficiencies, conflicts, or obsolete provisions. Chapter 10. Failure by an individual to file a complete and truthful financial disclosure for pending proposals, or when a new interest is obtained, or failure to comply ...

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Alaska Conflict of Terms