The best laid business plans and agreements can become unraveled. But contracts can help protect businesses against the unexpected with a well-drafted force majeure clause. Force majeure clause Translated from the French, the term force majeure means greater force....
A bid protest is a challenge to an award or a proposed award of a contract for the procurement of goods and services. It may also include a challenge to the terms of a solicitation for a contract. The U.S. Government Accountability Office (GAO) accepts bid protests...
Contracts are the foundation of many business operations. Without them, businesses wouldn’t know what to expect from those they transact with, which can create a lot of uncertainty for both businesses and consumers. Most of these contracts are negotiated and reduced...
Contracts are a part of most business relationships and business transactions which is why they are important to understand. The elements that make up a contract are an important part of enforcement of contracts that govern most business relationships. For that...
When dealing with sensitive issues, many look for a legal way to keep others from talking openly about certain topics. Non-disclosure agreements are contracts that provide the safety you need for any private piece of information. Usage People use NDAs in most business...
When a company secures a contract with another business in Tampa, the hope typically is that such an agreement will remain in place for a good deal of time. Yet most might assume that contracts like these have an expected shelf life of no more than a few years. Yet...
It is important to know how non-compete agreements work whether you are an employer or an employee. Many employers require employees to sign a non-competition agreement upon hiring. The idea behind a non-competition agreement is that it protects the employer in the...
Operating business agreements under the protection of a well-written contract is critical to your organization's success. When you are able to articulate your expectations in a formal and professional manner, you have a better chance of reducing confusion and...
In many areas of business, contracts form the basis on which a company executes its plans and achieves its goals. Without effective contracts in place, a company's ability to protect itself and to succeed may be compromised. Nondisclosure agreements, also referred to...
Many business owners in Florida run their companies without ever signing on a dotted line. Some may not even iron out contract details verbally. Instead, they operate on an understanding developed between themselves and a second party over time. This might work for...
