A standard sales contract obligates one party to purchase goods or services for a predetermined price established in the contract. Some sales contracts are ongoing and can include a buyout clause.

Dive into capitated contracts: discover their workings, see real-world healthcare examples, and understand benefits and risks involved in fixed monthly fees per patient.

Contracts are a necessary detail when doing business. As a particular deal becomes more complex, so does the contract that seals that deal. Nonetheless, contracts follow a basic set of rules, whether ...

A home warranty can help you cover the cost of repairs and replacements for your major appliances and systems. Similar to an insurance policy, a home warranty provider charges a monthly or annual fee.

Discover what a quasi contract is, how it functions, and how it differs from traditional contracts. Learn about its purpose and legal implications for dispute resolution.

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 ...

Although the majority of employees in the U.S. work under at-will agreements, some employers utilize legally binding employment contracts. Before determining if employment contracts are right for your ...

As the world rapidly changes, businesses need to find ways to adapt in order to stay ahead. As a part of this adaptation, I think smart contracts are one of the most transformative technologies in ...

More businesses are using automated “smart contracts” to handle transactions. Based on blockchain technology, these contracts execute automatically and are lauded as a way to efficiently digitize ...