Pay When Paid Clauses and Pay If Paid Clauses Are

question 9

True/False

Pay when Paid clauses and Pay if Paid clauses are intended to protect the Contractor's cash flow

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Definitions:

Duty to Aid

The legal or moral obligation to provide assistance to a person in distress, under certain circumstances, without causing harm to oneself.

Divers in Peril

A phrase likely describing a situation where divers face significant danger or risk, typically underwater.

Personal Safety

Practices and precautions taken by an individual to protect themselves from harm or danger in their daily life.

Res Ipsa Loquitur

Res Ipsa Loquitur is a legal principle that suggests negligence can be presumed if the event causing harm would not typically occur without negligence.