When drafted with care and forethought, a non-compete agreement should help protect your Oregon business in the event that someone who works for you leaves and tries to work for a competitor. However, if you fail to take proper care when drafting your non-compete, it...
Contracts
Essential elements of a legal contract
Many different types of legal contracts exist in the world of business. Some of these legal documents go on for pages and pages and cover many complex elements, while others cement an agreement in just a couple of pages. All contracts, though, contain several...
What is termination for convenience?
Most professionals who engage in contractual relationships with business partners in Oregon assume that as long as they fulfill the terms of the agreement, their partners remain legally obligated to fulfill theirs. It is only the failure of one of the contracted...
What elements must every contract contain?
As a business owner, contracts undoubtedly play a major role in your life. Have you, however, ever wondered exactly what a contract must contain so as to be legally enforceable? The Legal Information Institute explains that each of your contracts must contain the...
How do you know when a contract breach is material?
When someone fails to live up to one or more of the obligations called for in your contract with him or her, your first inclination may be to sue for breach of contract. Per the Judicial Education Center, however, you would do well to first analyze the situation to...
How do I handle boilerplate in a business contract?
As you talk with another business owner about entering into an agreement to conduct a business venture, the other owner may hand you a contract with language that you have often seen in other contracts. This is likely boilerplate text that you probably do not think is...
What are some ways to better negotiate a contract?
Signing a business contract should be a boon to your enterprise. If you are about to enter into negotiations with another company to finalize a contract, you should prepare yourself to negotiate the agreement to the best of your ability. As Business News Daily points...
Does your contract have confidentiality provisions?
Signing a contract with a business for a work project or venture may lead to a profitable outcome, but you want to make sure you do not do anything to cause the business owner to sue you for breaching the contract. This might happen if you disclose information that...
What should you include in a business partnership agreement?
You feel good about your company's current trajectory, and you feel ready to bring on more talent. Before seeking potential partner candidates, you may want to get proactive about protecting yourself and your business. Business News Daily explains specific details to...
Tips on negotiating a sustainable contract
Whether in the realm of business or some other area, a strong and fair contract benefits all parties. A poorly conceived contract or one that includes an imbalance of terms favoring one party can prove unsustainable in the long run. While you want to protect your...