Ladder Agreement DefinitionPublished by: Europe Basketball Academy
This is done using the application of the doctrine of separation. In short, scale clauses are drafted in such a way that the hurtful part of the contract term can be easily dissociated from the contract, which prevents the part of the duration of use of the entire clause. Whether a limitation on the negotiation period can be successfully separated from the contract if it proves to be inapplicable depends on the application of the "blue pencil test" (explained below). "Only the one who refuses to climb the ladder is interesting as a human being. Nothing is more boring than a career man. Shipper options are similar to traditional option contracts that give the holder the right, but not the obligation, to buy or sell the underlying at a predefined price or predetermined date. According to the judgment of the General Court, the bank should have informed the customer of the market value of the product, taking into account particular circumstances. . . .