Form contracts have become the standard for many businesses, especially if you are just up and running. While a form agreement may prove helpful, you must proceed cautiously. A problem in one contract means a potential for that same one is high across the board....
Many of the owners of privately held businesses are baby boomers who are in the process of transitioning from the working world into retirement. When a business has multiple owners, a plan for a smooth succession is essential, hence the need for a well-conceived...
The United States Department of Agriculture is currently soliciting comments on a potential rule based on the provisions of the Packers and Stockyards Act of 1921. The goal of the new rule is to reduce the power imbalance between meat processors and small farmers to...
Business contracts can protect your company from unexpected circumstances and encourage compliance. However, these formal agreements lack clarity without clearly listed expectations. Giving each party the chance to disclose expectations can establish trust, boundaries...
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...
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...
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...
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...
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...
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...