The importance of having a clear contract
Business relationships are crucial for any start-up or growing company. Among the factors behind a solid business relationship is a clear and well-defined contract that is not subject to misinterpretation. If you want that relationship to continue, you must have a...
Material vs. minor breaches of contract
Any breach of contract can feel like a big deal. But when the emotions settle, not every breach is equally as potentially damaging to your business. It's important to know when a breach is material or minor. A material breach is one that causes the nonbreaching party...
What is tortious interference with a contract?
Business competition can get nasty. Sharp-elbow business practices can cross the line and become illegal. You may have heard of the tort of tortious interference with a contract. When this occurs, a company intentionally interferes in the affairs of a rival company...
Understanding contracts
What is a contract? A contract is a legally binding agreement between two or more parties. A contract is formed when one party makes an offer, another party accepts the offer and both sides are giving something of value. Does it need to be in writing? There are some...
Can you handle contract breaches outside of court?
When you create a contract with other parties, the intent is to ensure everyone is on the same page and there is a remedy if one side does not fulfill their end of the bargain. So how do you handle contract breaches when they happen? Do you always have to go through...