Question
L 10. Marco and Sebastian are about to sign a contract to do a large construction project together. There is one line in the contract that Marco does not agree with. In order to make the should be done? The contract needs to be completely retyped. Marco can strike out the line after it is signed. The line needs to be struck out and both men initial Marco should use correction fluid over that line.
Answer
4
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Petunia
Professional · Tutor for 6 years
Answer
The line needs to be struck out and both men initial.
Explanation
This question relates to contract law and focuses on how contractual changes can be made once a contract has been typed up but before it has been signed. The contracted party’s disagreement on the content requires changes, negotiation, or mutual work therein for adjustment. Ideally, for maintaining the legality and enforceability, contentious clauses need to be struck out, and each change requires initials of both parties concerned, which serve as evidence that all parties concur on the adjustment. This facilitates preventing ill-engaged party from disputes or arguments for its use afterward.