June 2021

One issue which businesspeople tend to think about when they develop contracts is modifying an existing agreement. Suppose a business owner develops a contract with a customer or vendor. Both parties come to an agreement, they both sign the agreement, and everything appears to be working fine. But, then suppose that the business owner wishes […]

The more our readers understand the finer points of contract formation, the better they will be able to navigate the commercial world successfully. Having knowledge of contract formation will allow you to negotiate better, and ultimately create superior agreements. In the past, we’ve discussed the requirement of “consideration” in contract formation with the goal of

For both residential and commercial renters, it can often feel like the scales of justice are perpetually tipped in the landlord’s favor. Not owning the property you use for your business can come with some disadvantages, but the vast majority of commercial landlord-tenant relationships are beneficial for both parties. If you are a commercial renter

It’s the most fundamental concept of doing business—you provide another person or entity with something of value, and you get something back. The most successful businesses have strong underlying contracts under which they operate. Even the most well-negotiated contracts don’t guarantee that you will never deal with a party that doesn’t perform as agreed. Depending