When it comes to contracts, you want to avoid disputes as much as possible. Most business owners understand how serious a contract dispute can be. Forbes lists a few ways to avoid a business dispute by including a few simple clauses in your business contract. Every...
Month: February 2020
What are remedies for breach of contract?
In a perfect world, when two parties enter a contract, both parties will uphold their ends of the agreement and no disputes would arise. Unfortunately, the world is not perfect, and the unexpected often crops up to hinder or prevent parties from successfully carrying...
Most common small business disputes revolve around succession
Small businesses are an essential part of the Mississippi economy. However, when a small business owner fails to plan for their succession, the owner’s death can cause a host of problems for the business. Forgetting this essential element can cause the business to...
Ways to ruin your contract
Properly constructed contracts do more than make lawsuits less likely to happen. They protect your business and assets while saving you time and energy. It is therefore vital to draft a contract constructively. Here are examples of mistakes that can wreck your...
How is a breach of contract remedied?
Mississippi business owners often work with contracts. Contracts help business owners and contractors reach business-related goals. But contracts are sometimes complex to deal with. This is especially true if there has been a breach in contract. Today we will look at...
Should I go to court or consider another solution?
Going to court is almost always the costliest way to resolve a contract dispute. Other options include mediation and arbitration. There are instances when these two provide an opportunity for you to get a fair resolution. Other times, the opposing party may use it as...
Is it possible to breach a contract?
Some of the most foundational documents of any sort of business are contracts. You may have contracts with other businesses, contracts with independent workers, and contracts even within your business itself. With the large amount of contracts that any business deals...
What should be in a convenience store fuel contract?
Convenience stores often sell a large range of goods and products. It is not uncommon for a convenience store to sell fuel. This increases profit potential and makes the store more likely to grab a share of the local market since people will often buy the types of...
What are the effects of litigation on a business?
Dealing with litigation is often a part of owning a business. However, the effects that litigation can have on your business are often incredibly harmful. That is why you want to minimize litigation and find ways to prevent lawsuits. However, if you are facing...