CONNECTED TO YOUR CASE, BEGINNING TO END
The terms of a contract are legally binding. It means that all the parties are obligated to fulfill and perform according to the contract terms. Not doing so amounts to a breach of contract, which is defined as the failure to live by all the contract agreements...
When writing a contract, you want to consider the potential changes in the future or the need for alterations to that contract. The more flexibility it has, the more you can do to resolve or even avoid a dispute. One example is to include an escape clause, which may...
When considering whether to enter a lawsuit over a contract, it is important to know if the lawsuit is viable in court. There are a few instances where a contract cannot legally be enforced or where it becomes voidable, able to be voided by either party. Knowing if...
When a supplier, contractor or employee breaches their contract with your company, your business's finances will probably suffer. Contract breaches can force manufacturing facilities to a standstill or otherwise cause delays and expenses for your business. If the...
A trademark is an image or logo that helps consumers immediately identify your company or product. You register your trademark to protect it as your original intellectual property and to help ensure that you can stop someone else from damaging your company's...
When you hire new employees or promote your existing staff members, you will probably have them sign an employment contract with your company. Your contract can address everything from when you take disciplinary action to social media restrictions intended to protect...
Your employment contract probably talks about what you expect your workers to do and how you will compensate them for fulfilling those obligations. You can also include terms that discuss what you don't want your employees to do. So-called restrictive covenants are...
A breach of contract could leave your company scrambling to find services, a new supplier or other crucial resources for its operations. If the party that violated the contract doesn't quickly take steps to make things right, you may eventually decide to file a...
When something goes wrong with a supplier, it can be disastrous for your own company’s bottom line and reputation. Like it or not, the public may not draw a distinction between your supply chain problems and you. For an example, you only have to look at the problems...
You are a reputable contractor who works hard to produce quality new builds and renovations. You understand that it is all part of the game of keeping the client happy to give in on requests from time to time. But it is one thing to accommodate a client’s reasonable...
