Inequitable Agreement Meaning
„But more often,” he adds, „scruples appear as a defense when a party has failed to fulfill its obligations under the treaty and has been sued by the party that designed the contract.” A small company enters into an agreement with a larger company for the rental of devices for a month. The agreement provides that if the small business damages or loses the equipment, it will have to pay 50 per cent of the amount that would have been paid to the largest company for the rental of the equipment for the next five years. This amount is newer than the cost of purchasing the equipment. .