Contract Law

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...

Contracts help businesses work successfully with different parties. These agreements have clear terms that are intended to protect both parties. A business contract should have essential clauses to achieve this goal.  You need contracts in several situations. This is...

When looking for a business partner, your goal should be to find someone who makes your new company stronger than it would be without them. Ideally, your partner will be looking for the same thing in you. This means that you don’t necessarily want to find someone who...

There are various remedies available for you when a party breaches the terms of a legally binding contract. These remedies are meant to make you whole or, in other words, restore you to the position you would have been in had the breach not occurred. Specific...

Initially, your small business started out as a one-person operation. Due to the success of the company over the years, you needed to establish a team of employees to share the workload with. In fact, you’re constantly seeking to bring in new talent.  Employment...

Some types of businesses rely on non-competition (or non-compete) provisions to prevent employees from taking what they’ve learned about their methods and strategies or proprietary information to a job with a rival company and harming their ability to compete in the...

Contracts are the foundation upon which businesses, size notwithstanding, are created and operated. In fact, most businesses are founded by contracts. Still, businesses hire employees using contracts. But what happens when you learn that the contract you signed while...

Many contract violations simply involve a delivery not being made or services not being rendered. A business may have put in an order from a supplier that never showed up at the loading dock, for instance.  The contract is violated because the other party didn't...

As a part of your employment contracts, you make sure to have confidentiality agreements in place. You don’t want to spend all this time putting together your business plan and building up your brand just to have someone share your research and ideas with a...

Writing out a contract for a business means that you have to take the needs of the company into account, but you also have to think about the other party. These contracts can’t be one-sided, so they have to offer protection for both sides of the matter. If you’re the...