Terms to Know: Force Majeure
“Force majeure” is French for superior power. Why, then, is this phrase included in most American contracts? A typical force majeure...
Terms to Know: Punitive Damages
Unless there is fraud or egregious contract (and not just a breach of contract) you are also not entitled to punitive damages or pain and...
The Empty Dotted Line: What Happens When the Contract is Not Signed?
You own a manufacturing business. You spent a good part of last year putting together a private branding and distributorship agreement...