It doesn't matter if it's typed or written by hand. Nor does it have to be any particular length. But for a business contract to be legally binding, it must contain six specific elements. As a ...
One of the basic tenets of contract law is that the parties must come to a “meeting of the minds” in order to have a valid and enforceable contract. Valid contracts require an offer, acceptance, and ...
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 ...
Opinions expressed by Entrepreneur contributors are their own. Have you ever considered suing someone for not holding up their end of a bargain? Or were you the one being sued? Whether you’re in ...
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.
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 ...
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