Tag: Contract
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Creating Enforceable Contracts in Difficult Times
Contract Negotiations We focus our blog on everyday issues affecting our clients. These are difficult times to say the least. The Covid-19 pandemic is paramount on most peoples’ minds because it is affecting the health, safety, and economic success of small businesses and the population at large. Companies must adapt in unprecedented fashion. They must…
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Is the Payment a Deposit or Part-Payment?
Parties negotiate a contract, agree to terms, and one party (the buyer) pays an amount of money to the other (the seller). I did not define the nature of the money paid because the definition given to that payment impacts what happens following a breach[1] of contract. The Difference between a Deposit and Part-Payment. Generally,[2]…