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 ...

Legal contracts are the tools through which everyday business transactions are concluded. A contract is an agreement between two or more people to exchange valuable promises, but for it to be valid, ...

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 ...

A good hiring manager should know the importance of an employment contract and how valuable it is when it comes to the daily operations between the company and the employee. Therefore, employers need ...

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...

Learn how accord and satisfaction settle contract disputes by modifying original terms, offering a quicker, cost-effective resolution for liability and debt claims.

Can contractors “shop” bids after obtaining and using them to obtain contract awards? Generally speaking, the answer is yes under Virginia law. However, the law varies in other jurisdictions. While ...

As stipulated in the Children’s Act 38 of 2005, a child, whether male or female, becomes a major upon reaching the age of 18 years. Similar to persons of unsound mind, minor children under the age of ...

I have conducted a few lectures on Obligations and Contracts, in partnership with the Department of Trade and Industry, to businesspeople with startups. I noticed that one of the most common ...