A standard sales contract obligates one party to purchase goods or services for a predetermined price established in the contract. Some sales contracts are ongoing and can include a buyout clause.

Small businesses frequently enter into contracts with customers for the sale of products or services, with vendors for the supply of goods and with employees. Contracts must contain seven key elements ...

Hold Harmless Clauses: Many contracts carry a hold harmless clause. Under the state's self-insurance program, we are only protected against negligent acts of our ...

Learn the basics of options trading, what calls and puts are, how options work, and strategies to hedge or speculate with ...

A contract is an agreement between two parties that creates an obligation to perform (or not perform) a particular duty. A legally enforceable contract requires the following elements, all of which ...