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 writtenVerbal Agreement Law: What Businesses Need to Know About Oral Contracts
What is Wrongful Termination? Wrongful termination occurs when an employee is dismissed from their job for illegal reasons. These reasons may include violation of federal anti-discrimination laws or a breach of contract. Additionally, dismissals thatSuing for Wrongful Termination
Navigating the complexities of contract law can be daunting, especially when fraud allegations come into play. Understanding the various dimensions of contract fraud is essential for small business owners, corporate managers, and employers alike. ThisContract Fraud: Prevention & Remedies
In this article, we will explore the basics of a material breach of contract and its implications. We’ll follow this up with a brief discussion on the remedies available, provide a few common examples, andWhat is a Material Breach of Contract
Contracts are the backbone of business transactions, ensuring that all parties involved understand their obligations and expectations. A minor breach of contract, while less severe than a major breach, can still have significant implications forWhat is a Minor Breach of Contract
Understanding the concept of torts is crucial for anyone delving into the world of law. But what exactly are torts? And why are they significant? In this article, we’ll break down the essentials of tortsWhat are Torts? What You Need to Know
A statute of limitations is a legal deadline that defines the maximum period, after an event occurs, within which legal proceedings may be initiated. Once this window passes, a claim is generally barred and cannotStatute of Limitations in Los Angeles
What Is Fraud in the Inducement? Entering into a contract should be a step toward clarity and mutual benefit. Unfortunately, not all agreements are made in good faith. Fraud in the inducement occurs when oneUnderstanding Fraud in the Inducement Cases
With California’s high income tax rates, many residents are looking for smarter ways to plan for retirement. One powerful strategy is a ROTH conversion—transferring funds from a traditional IRA or 401(k) into a ROTH IRA.ROTH Conversions: Smart Retirement Strategy for Californians
