Contracts are the foundation of the business world, and may be simple or complex. A contract is a legally enforceable agreement between two or more parties. Most contracts that hold any legal weight are made in writing. Contracts help allocate the risks, benefits, liabilities, and more between the parties. Properly drafted liability provisions are crucial when something goes wrong, and the parties will look to the contract to ultimately determine who is responsible.
Contract disputes are one of the most common forms of dispute between businesses. A well-written contract can protect you and your business from lengthy and expensive litigation down the road. The business law attorneys at the Paul Law Firm can assist your business in contract negotiation, drafting, and review.
If you have additional questions about contracts, contact the business law attorneys at the Paul Law Firm. Consultations are always free!