Understand the 3 types of incapacity in contract law—status, mental, and situational—and how they affect a party's ability to legally form contracts. read more

The importance of tort law in business is to have a way to defend against a financial loss that stems from the unlawful actions of others. read more

An implied promises clause is an agreement within a contract that is unwritten and enforceable based on the actions and circumstances of the parties involved. read more

Enforceable law definition means that an agreement has been made by two or more parties and includes the components of a valid contract. read more

A Delaware certificate of cancellation limited partnership is issued when a limited partnership has been dissolved. read more

To define subject to contract the first step is to understand that a contract is a promise between at two or more parties. read more

Learn what contractual rights are, see real examples, and understand how they're enforced, assigned, or violated in business, employment, and legal agreements. read more

Contract of sale in business law shows the terms and conditions of a transaction, sometimes called a sales and purchase agreement or just a sales agreement. read more

Understand the consequences of a breach of confidentiality, including penalties and exceptions to confidentiality agreements. read more

Understand when "agree to agree" contracts are enforceable, the legal tests courts apply, and how to avoid uncertainty in preliminary agreements. read more