Essential Contract Clauses for every Business Contract

Business contracts initially seem to be similar to other types of contracts. These contracts, like other types of contracts, are written commitments where one party provides a good or service to another in return for a benefit. When drafting business contracts, there are a few things you should watch out for. The foundation of every …

Agreement VS contract – How they compare and differ

Two words are inevitably mentioned while discussing legal documents: agreements and contracts. Although both phrases are frequently used synonymously, they don’t mean the same thing. In essence, all agreements and contracts are distinct from one another.  Confusing, huh? What is an agreement?  A promise or arrangement regarding a shared aim between two or more persons …