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Question from cathya

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Title: Escalators present in a contract must state:

Question Details
Q:

. Escalators present in a contract must state:

·         at what interval the contract price should automatically change at a fixed rate.

·         when the price will change and by what formula the new price will be calculated.

·         when the contract should be terminated and how the cost of termination should be shared.

·         when the contract should be renewed and the terms governing the renewal. 2 points


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Title: Escalators present in a contract must state:

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    • Posted Date: May 20, 2012 at 6:20:32 PM

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A:
...lators present in a contract must state: ·         a...
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