It's sometimes said that "the biggest mistake you can make with a contract is not having one at all." Contracts offer you significant protection over verbal agreements or "handshake deals." If you're fairly new as an entrepreneur, here are four types of contracts you...
What's the difference between a representation, a warranty and a covenant in the contact you have in front of you? Don't know? You aren't alone. A lot of people don't understand the difference -- or even think they're pretty much the same thing. However,...
Noncompete agreements have become par for the course in many industries as employers seek to protect their trade secrets and investments. Naturally, employees don't love them. A noncompete agreement can seriously limit your job prospects and your career if you want to...
Do you dream of owning your own business? Has a franchise opportunity come your way that seems like it might be a perfect fit for your aspirations? Before you sign any agreements, you need to make certain that you understand as much as you can about how franchising...
Social media influencers are the biggest thing in marketing today -- especially if you're trying to capture the interest of the Millennial Generation or members of Generation Z. However, you need to make sure that you put down some ground rules when you start working...
There's an old saying that goes something like, "An oral contract is worth the paper that it's written on," but is that the truth? Are handshake deals nothing more than promises in the air with no real substance behind them? Yes -- and no, not exactly. It's a little...
Offer, acceptance and consideration are the main building blocks of any contract. Until all three of those things are present, there isn't a legally enforceable agreement. This is an overview of the basics that everyone should understand when negotiating a contract in...
When two parties make a contract, there are often a lot of different provisions and terms that are included. Many of those terms have to do with procedural issues (like how payments are to be made and how often updates are supposed to be given on a project). Other...
Your home is important to you -- so when you hire a contractor to do renovations or build an addition, you expect your contractor to live up to his or her end of the bargain. So, what do you do when the work seems to crawl to a stop, leaving you with an unfinished...
In any business deal, all the involved parties are expected to look out for themselves, but that doesn't mean that a party can resort to trickery just to make a deal. A fraudulent misrepresentation is a type of deliberate untruth that one party uses to lure another...
