A contract written on a cocktail napkin is just as valid as one drafted in an attorney's office if all the required elements are included. Small business owners can take these principles and use ...

For example, the Restatement (Second) of the Law of Contracts is a legal treatise that oversees general principles of contract common law. In addition, Uniform Commercial Code (UCC) Article 2 ...

Establishing a limited liability company or LLC allows you a variety of benefits associated with your business, according to the Internal Revenue Service. These benefits include protecting you ...

Maybe. The doctrine of reformation – it’s the topic of today’s post. One of the core principles of contract law is that of equity. Sometimes the common law cannot adequately provide a ...

an existing legal duty may be used as consideration – a principle that has prompted substantial judicial and academic debate. Consideration in Contract Law is an unexpected pleasure, written by ...

88, H. 4 (2024), pp. 694-733 (40 pages) This article examines the draft African Principles on the Law Applicable to International Commercial Contracts, evaluating current and proposed choice of law ...

This crucial difference means Guyana need not rely solely on broader principles of contract law, equity or even constitutional law – the right to seek modifications is built into the agreement ...