Introduction: Why Precision in Contract Drafting Matters - Specificity in drafting allows contracting parties to allocate ...

Identify the purpose of the transaction, which dictates its structure. Determine whether the transaction: involves the provision of goods (for more information, see Sale of Goods Agreement (Pro-Buyer) ...

The course offers vital insights into the latest contract law developments, crucial for professionals in commercial contracts, enhancing knowledge in contract formation, operation, and termination ...

Just like many relationships, not all parts of a contract become things of the past when they expire or terminate. One way to ensure that a contractual right or duty applies post-termination is to ...

The current Supreme Court is undoubtedly pro-arbitration – but after Monday’s oral argument in Morgan v. Sundance, it appeared that it might nonetheless conclude that a party can lose the right to ...

A standard sales contract obligates one party to purchase goods or services for a predetermined price established in the contract. Some sales contracts are ongoing and can include a buyout clause.

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 ...

The Business Dictionary helps define a management contract. According to the Business Dictionary, a management contract is an "agreement between investors or owners of a project, and a management ...

An explanation of common risk allocation mechanisms in commercial contracts, including indemnification, limitations of liability, termination rights, force majeure, contractual remedies, and insurance ...