Contract Law

Contracts are like promises – they're meant to be kept. But what happens when one party doesn't hold up their end of the deal? That's when a contract breach occurs.  However, not all breaches are the same. Some have a bigger impact than others. Here is what you need...

Business contracts should make operations and expenses for an organization more predictable. Once companies have entered into an arrangement with a service provider or vendor, they should be able to rely on the delivery of goods or the completion of necessary services...

When you hire an employee, you expect to have a smooth experience. However, this may not be the case. Your employee may breach one of the terms of the employment contract they signed. For example, they may fail to perform their required duties, meet the agreed hours...

As the owner of a company, you’re responsible for hiring employees who work under you. There may be many corporate layers, depending on the size of the business. A small business may just have an owner with support staff working under them, for instance, while a large...

Suppliers are crucial to business operations. Thus, it helps to have a contract with one to ensure they supply you with everything you need to run. Unfortunately, you may need to terminate this contract in certain situations and look for another supplier. Here are...

Businesses are constantly making contracts. Without them, many businesses wouldn’t be able to last as long as they have today. However, even though written and verbal contracts are legally binding, many people breach them. Businesses may experience four different...

As a small business owner, you may want to protect your business with a non-compete agreement. Essentially, you’re just trying to use this contract to protect your intellectual property. You need to train your employees and show them how to work at the business, and...

If you have ever researched commercial lease law, you probably uncovered many sources telling you what to do when entering an agreement. Unfortunately, it is not so easy to find information about things to steer clear of in a commercial lease contract or situation....

Making a partnership agreement is a very good idea if you’re starting a business with someone else. There’s no guarantee that things are going to go smoothly. If you decide to end the working relationship, the partnership agreement can help you understand how to do...

When a breach of contract occurs, the most common remedy is monetary damages. You may not realize that there could be other remedies for this situation. However, the options depend on the nature of the contract in question. In some situations, money will not provide...