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."
What's the difference between a representation, a warranty and a covenant in the contact you have in front of you?
Noncompete agreements have become par for the course in many industries as employers seek to protect their trade secrets and investments.
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?
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.
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?
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.
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 provisions may involve details and plans for a project, including things like design and delivery agreements.
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.
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.