Useful tips

What is a minimum contract period?

What is a minimum contract period?

A minimum contract term is the shortest contract term available for a given contract. It is common for contracts to be automatically renewed at the end of the contract term if not cancelled by the customer by the due date. Typically, a notice period must be adhered to by customers looking to terminate a contract.

What is a C1 notice?

C1 The statement of proposed officers required on formation of the company. C2 Notification of any change among the company’s directors.

What is a tiered contract?

Many companies structure their contracts using “tiered pricing” contingent on future events; this means that the fee per event decreases as the number of events increases.

Can I pay off my three contract early?

Three. If you’re on Three, you’ll have to pay an early termination fee equivalent to 97% of your remaining monthly payments. However, if you have previously upgraded or renewed a contract on Three, your fee is discounted to 90% of your remaining monthly payments.

What is a 12 month rolling contract?

However in a rolling contract there is no determined end date. So in the case of your son- The contract lasts 12 months. If your son decides he would like to end the contract or his employer decides to end it he/they need to provide at least 3 months notice prior to the expiration of the 12 months to end it.

Do contracts have to be fair?

In general, every contract contains an implied duty of good faith and fair dealing. This duty requires that neither party will do anything that will destroy or injure the right of the other party to receive the benefits of the contract.

Can a tenant move in with a C2?

If the property is vacant, any C1 or C2 faults must be repaired before a tenant moves in. If they move in and hurt themselves, you could be liable.

Can a landlord do electrical work?

The landlord or letting agent is only obliged to repair and maintain electrical wiring or appliances that have malfunctioned on their own, during normal use. If renters willingly or accidentally damage electrical equipment, then it would be expected of them to cover the costs of repairs or replacement.

How do I set up tiered pricing?

A Simple Process for Designing Pricing Architectures

  1. Connect your pricing metric to your value metric.
  2. Define the role of each tier (draw people in, optimize revenue or operating profit, set a high reference price)
  3. Develop buyer persona’s for each tier.