Massachusetts Advisory and Service Contract - Management Contract

State:
Multi-State
Control #:
US-CC-11-235J
Format:
Word; 
Rich Text
Instant download

Description

This is an Advisory and Service Contract, to be used across the United States. It is a Management Contract between investment company and investment adviser.
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  • Preview Advisory and Service Contract - Management Contract
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  • Preview Advisory and Service Contract - Management Contract
  • Preview Advisory and Service Contract - Management Contract
  • Preview Advisory and Service Contract - Management Contract
  • Preview Advisory and Service Contract - Management Contract
  • Preview Advisory and Service Contract - Management Contract
  • Preview Advisory and Service Contract - Management Contract
  • Preview Advisory and Service Contract - Management Contract

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FAQ

There is no general three-day right to cancel a sale in Massachusetts. There are certain limited situations in which a consumer has a right to cancel a contract and receive a refund for the return of the purchased item.

Federal law gives consumers three days (72 hours from the time of signature) to cancel a sale for goods or services that was made door-to-door or anywhere other than the seller's normal place of business. The regulations do list some exemptions.

Contract management is defined as the overall process of effectively planning, administering and managing commercial contracts with various entities such as vendors, partners, customers, and employees at all stages of their engagement with a business.

The plaintiff in a breach of contract case must prove that the defendant failed to perform in ance with the contract, and must do so with "substantial certainty" in identifying the term that was breached. The plaintiff must also prove that the breach created actionable damages.

To cancel the contract, you must notify the seller in writing no later than midnight of the third business day after you signed the contract. The seller must return your payment within ten business days after receipt of your cancellation notice.

When is the cooling-off period allowed? Door-to-Door Sales: If you make a purchase for over $25 at a place other than a merchant's usual place of business, Massachusetts and federal law allows you three days to cancel and get your money back.

For a contract ? including an oral contract ? to be valid, it must have the 3 essential elements of an enforceable agreement: An offer, An acceptance of that offer, and. Consideration.

The right to cancel lasts until the midnight of the third business day after the sale. The FTC's cooling off rule applies to sale, lease, or rental of consumer goods and services having a value of at least $25, made anywhere other than the seller's normal place of business.

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Massachusetts Advisory and Service Contract - Management Contract