Small businesses frequently enter into contracts with customers for the sale of products or services, with vendors for the supply of goods and with employees. Contracts must contain seven key elements ...

A contract is an agreement between two parties that creates an obligation to perform (or not perform) a particular duty. A legally enforceable contract requires the following elements, all of which ...

A sales contract records a transaction between a buyer and seller for legal purposes and record-keeping. Contracts can be written out, but any buyer who pays for a product or service on the spot ...

Although lots of contracts are filled with mind-bending legal gibberish, there's no reason why this has to be true. For most contracts, legalese is not essential or even helpful. On the contrary, the ...

We all do contracts and agreements in our day-to-day life. Sometimes official and sometimes unofficial. Unofficial agreements and contracts are non-professional types of contracts. But, people who do ...

If any area of the law could be shielded from the all-consuming influence of the Internet, it ought to be the age-old law of contracts. Nothing about the Internet changes basic elements of contract ...

Loss adjusters must interpret policy contracts in relation to each reported claim and make decisions on coverage. Therefore, a fundamental knowledge of contract law is essential to understanding the ...

As a business owner, you may need to wear many hats and have knowledge in a wide range of subject matters. To help your business to continue to grow, it's helpful to be aware of basic legal issues.