Originally Posted by daycare:
Earlier there was a good point brought up about voiding your own contract when you forgive one of your policies.
Example, when you state in your policy that you charge $1.00 per min late fee and you chose to waive it for the family who is hardly ever late, then you are actually voiding your own policy.
here is the definition of voided policy.....
Definition
A contract that meets any of the following criteria:
(1) it is illegal from the moment it is made; (2) it is legal but declared null by the courts because it violates a fundamental principle such as fairness, or is contrary to public policy; (3) it becomes void due to changes in law or in government policy; or (4) it has been fully performed.
Lack of capacity to contract (such as arises from being an infant or minor, intoxicated, or insane) automatically makes a contract void. A contract that is void only in one or few parts may be saved by the process of severance. Not to be confused with voidable contract.
Question is how do you word it in your policy that if you decide to waive or forgive or oversee one of your policies, that it will not void your contract.
HELP!!
anyone have advice on this??
Oh no this is what I have is it good enough? Should I reword it?
Failure by the provider to enforce one or more of the terms of the contract does not waive the right of the provider to enforce any other terms of the contract.