Blog Archives

What is the difference between a law and an agreement?

law and agreement What is the difference between a law and an agreement? An agreement often involves two or more private individuals or organizations. Whereas a law is a decree made by the government that is binding on all people included in its
Posted in Business Law, Buying and Selling of Businesses, Corporate Law

Business Disputes: Causes, Effects, Solutions

Causes, Effects, and Solutions Business Disputes: Causes, Effects, Solutions Business disputes are a common occurrence in the business world. They arise from differences in opinion, misunderstandings, and conflicts of interest. These disputes can range from minor disagreements between employees to major legal battles between
Posted in Business Law, Business Planning, Buying and Selling of Businesses, Corporate Law, Litigation Series

How are disputes settled between partners in business?

partners in business How are disputes settled between partners in business? Disputes between business partners can be a significant challenge and can cause significant damage to the business. Such disputes can arise from simple disagreements over strategy, finances or even personal issues. Here
Posted in Business Law, Business Planning, Corporate Law, Personal Law

How is a business divided during a divorce?

business divided during divorce How is a business divided during a divorce? One of the most complicated assets to divide during a divorce is a business. There are processes in doing so and it is essential to know what these are. When a married
Posted in Business Law, Buying and Selling of Businesses, Corporate Law

What is Anticipatory Breach of Contract?

Anticipatory Breach What is Anticipatory Breach of Contract? An action that indicates a party’s intention to default on its contractual commitments to another party constitutes an anticipatory breach of contract. An anticipatory repudiation is another name for an anticipatory breach. The counterparty’s
Posted in Business Law, Corporate Law, Real Estate

What are the legal ways of acquiring a property?

acquiring a property What are the legal ways of acquiring a property? Possession Possession refers to having physical control over something. There are two types of possession Possession in fact: This is a physical possession. It is a tangible connection to something. Possession
Posted in Business Law, Corporate Law, Real Estate

What is the type of monetary damage for breaching contracts?

breaching-contracts What is the type of monetary damage for breaching contracts? Compensation for harms Compensatory damages are the most typical kind of financial compensation sought in claims for contract breaches. The breaching party will be required to pay the non-breaching party
Posted in Business Law, Corporate Law

What happens when both parties breach a contract?

breach-a-contract What happens when both parties breach a contract? The contract is not instantly terminated when one side violates it. Usually, the agreement is still valid, and both parties are still obligated to abide by its provisions. This enables a court
Posted in Business Law, Corporate Law, General

How do you determine a breach of contract?

breach-of-contract How do you determine a breach of contract? The term “breach of contract” is quite general and can refer to many different types of infractions. When a contract is broken, several problems arise, among them: what is the breach? Who
Posted in Business Law, Corporate Law

Should small businesses hire a corporate lawyer?

corporate lawyer Should small businesses hire a corporate lawyer? “Corporate” is generally used interchangeably with “commercial” or “business” when describing a corporate lawyer. When used by attorneys, it typically refers to a lawyer who handles business transactions, such as the formation of
Posted in Business Law, Business Planning, Corporate Law