Fraud can arise in many forms, but few are as legally significant as fraud in the factum. This doctrine addresses situations where a party is deceived about the very nature of a document they sign,… What Is Fraud in the Factum?
In commercial practice, an exclusivity agreement is a contract or contractual provision that limits one or both parties from entering into specified relationships or transactions with third parties for a defined period, within a geographic… What Is an Exclusivity Agreement in Business Transactions and Contracts
What Is a Verbal Agreement? A verbal agreement (also called a verbal contract, oral contract, or “handshake agreement”) is an agreement formed through spoken words rather than a fully executed written document. Unlike a written… Verbal Agreement Law: What Businesses Need to Know About Oral Contracts
California has taken yet another major step in reshaping the landscape of consumer arbitration law with the passage of S.B. 82, a statute that directly targets the reach of “infinite” arbitration clauses in consumer agreements.… California’s S.B. 82: A Turning Point for Consumer Arbitration Agreements
Intellectual property (IP) has become one of the most valuable assets in modern business. Whether a company is negotiating a merger, hiring talent, building software, outsourcing manufacturing, or investing in AI technologies, questions of IP… Addressing IP Ownership in Business Transactions
An arbitration agreement is a contract clause where parties agree to resolve disputes outside of the courtroom through arbitration. This offers a private, neutral, and often faster alternative to litigation. Arbitration agreements are commonly included… Arbitration Agreement: Key Elements & Types
In the intricate world of contract law, survival clauses hold a significant position. They ensure that certain obligations and rights endure beyond the termination or expiration of a contract. Understanding these clauses is crucial for… Survival Clauses: Meaning & Examples
The inclusion of an Material Adverse Effect (MAE) clause in contracts is not just a legal formality but a strategic decision that can alter the course of a deal. By providing a mechanism for parties… What Does Material Adverse Effect Mean?
Forming a Limited Liability Company (LLC) in California is a smart way for entrepreneurs to protect their personal assets while building a legally compliant business. Although the process involves several steps and state-specific requirements, it… How to Create an LLC in California: A Practical Guide for Small Business Owners
