Tag: contract terms

10 Languages of a Contract Part 2 of 2

In the last segment of this series we talked about the following contract languages: Language of Agreement Language of Performance Language of Obligation Language of Discretion Language of Prohibition This segment will cover the remaining languages of: Language of Policy

Posted in Contracts Tagged with: , , , ,

“Reasonable Efforts”? As Defined by whom?

Parties to a contract will often use the term “Reasonable Efforts” in contracts where the person doesn’t want to take on strict liability for non-performance to make sure something gets done, but has the intention in complying as long as

Posted in Contracts Tagged with: , , , ,

3 Reasons Why You Should Negotiate Your Contract

3 REASONS WHY YOU SHOULD NEGOTIATE YOUR CONTRACT # 1- THE SHOE PROBABLY DOESN’T FIT. The first reason to negotiate your contract, rather than to sign whatever document is put in front of you is that most business owners are using

Posted in Business Law, Contracts, Negotiation Tagged with: , , , , , , , , , , , , , , ,

4 Elements of a Contract

Here in St George, UT contracts are often made with a wink and a smile over lunch at Judds Store, more formal than that would be a firm handshake at the Pizza Factory,  even better would be something in writing

Posted in Business Law, Contracts, Entrepreneurship Tagged with: , , , , , , , , , , , , ,

Top 3 Terms to Look at Before Signing a Lease

For those of you who are over 18 and have never rented or had to sign a lease, you are extremely lucky or are still living with your parents.  If you are still living with your parents, they may be

Posted in Business Law, Contracts Tagged with: , , , , , , , , ,