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A failure to act definition is when a person or party has a duty to perform a certain act but does not end up doing so. read more

To extend the contract you have with a client, contractor, or vendor is an easy way to continue a business relationship that is working well for all involved. read more

The express negligence rule requires all of the involved parties to specifically express intent to indemnify themselves in the signing of a contract. read more

The essentials of contract of guarantee include the promise to perform within the scope of a contractual agreement. read more

A dual class stock structure is one chosen by a corporation that wants to offer dual classes of stock to investors, executives, family members, and owners. read more

Drafting confidentiality agreements (also known as non-disclosure agreements) needs to be done properly to ensure they can be legally upheld. read more

Notwithstanding legal use means creating exceptions to the rules of a contract. read more

A domestic contract for minor building work is a contract for contracting work that is valued at under, or up to, $50,000. read more

All parties to a contract have to be mentally capable of entering into a contract, otherwise, the contract can be considered void and canceled. read more

Do-it-yourself incorporation involves forming a corporation on your own without the help of an attorney or company that specializes in such assistance. read more