Oklahoma Designation and Responsibilities of Operator - Revision to V. A. of 1989 Agreement

State:
Multi-State
Control #:
US-OG-712
Format:
Word; 
Rich Text
Instant download

Description

This form sets out the specific duties of the Operator and Non-Operators. The duties depend on the services performed, as set out in the form.

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FAQ

A contract is an agreement between parties, creating mutual obligations that are enforceable by law. The basic elements required for the agreement to be a legally enforceable contract are: mutual assent, expressed by a valid offer and acceptance; adequate consideration; capacity; and legality.

Service contracts shall state whether or not the service contract provides for or excludes consequential damages or preexisting conditions, if applicable. Service contracts may, but are not required to, cover damage resulting from rust, corrosion or damage caused by a noncovered part or system.

Illegal subject matter If the subject matter is illegal, the contract will not be valid. All terms of your contract must not contravene any federal or state law. If the formation or performance of the contract will require a party to break the law, the contract is invalid.

A service contract is an agreement between two or more parties regarding provision by one party of a service to the other party or parties. The service might involve giving a car a tune-up or remodeling a house. Service contracts are different and distinguishable from contracts for the sale of goods.

15, § 219A. Noncompetition agreements: Unlawful Contracts ? Oklahoma. Prohibits noncompete contracts except those written to protect the sale of goodwill of a business, dissolution of a partnership or those that prohibit only the direct solicitation of established customers of the former employer.

Home service contracts and home warranties are not insurance in this state or otherwise regulated under the Insurance Code.

The essence of a breach of contract claim is that a party did not do what they promised to do in spite of the agreement. This could entail any number of actions, including failing to deliver supplies you purchased or failing to pay you for work you completed.

CHARACTERISTICS OF A CONTRACT ? Parties capable of contracting. ? Consent. ? A lawful object; can't involve illegal activity. ? Sufficient cause or consideration.

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Oklahoma Designation and Responsibilities of Operator - Revision to V. A. of 1989 Agreement