In the modern world of emails, text messages and instant worldwide communication, entering into a contract is as easy as making a phone call. Oral or verbal contracts are entirely legal. Even though ...

A contract is an agreement between two parties that creates an obligation to perform (or not perform) a particular duty. A legally enforceable contract requires the following elements, all of which ...

A checklist of strategies and tips for effectively drafting commercial contracts, including guidance on how to effectively plan the contract drafting process, select the proper form of contract, and ...

Contracts are one of the oldest areas of law. Typically, a legally binding contract requires four things: parties competent to contract, offer, acceptance and some form of mutual obligation. A party ...

A contract is a written agreement between WMU and a non-WMU business or entity which includes mutual promises and obligations that are intended to be enforceable by law. There are financial, legal, ...

Mary: What is a smart contract? Mark: The principal aim of the smart contract is a tamper-proof, unambiguous, computable contractual relationship whose payout (or other outcome) automatically occurs ...

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...

A recent Adobe research study highlights a significant issue: many individuals and businesses sign contracts without fully understanding their terms. According to the study, 69% of consumers and 62% ...

Marta Andhov received funding from the Carlsberg Foundation for the research project Purchase Power—Sustainable Public Procurement Through Private Law Enforcement (PurpLE). This article was developed ...

Mitchell Hamline School of Law professor Gregory Duhl will begin teaching his "reimagined" contracts course this spring.