What is a conditional insurance contract?
Introduction Insurance contracts are the most significant part of our lives. Through insurance, we can protect our life and property. We still don’t know how the insurance contract helps with risk or damage. This article explains conditional contracts.…
Read more »What are the terms of agreement?
Introduction The agreement’s terms outline conditions. They ensure all parties understand the contract’s rights and obligations. They refer to the legal conditions. They will specify any business documents, such as contracts and buy orders. The terms of the…
Read more »What is a non-compete agreement for an employee?
Introduction A non-compete agreement is a contract. It says an employee cannot compete with an employer after their job ends. The agreement bars the employee from sharing confidential info with a third party, both before and after employment.…
Read more »Contract Mediation: Five Essential Tips That You Need To Know
Contract mediation is a method adopted by the contracting parties. In this process, the contract involves a third party as a mediator. The mediator helps the contracting parties reach a happy solution to the contract dispute that is…
Read more »How To Resolve Contract Disputes With The Help Of A Broker?
Introduction Before diving into the subject, let’s explore the role of a broker in resolving contract disputes. First, we should know what is a contract?, in a contract, there are two or more parties involved. They prepare a…
Read more »What is a Consignment Agreement: Everything You Need to Know
Introduction There are many reasons to choose consignment agreements, especially for retailers and small shop owners who often enter into such contracts. Sometimes, the market trend will change, and a small business venture needs to test different goods…
Read more »How to Negotiate a Mutual Separation Agreement, and How will it work?
Introduction A mutual separation agreement (MSA) represents a deal you negotiate with your employer regarding the terms of leaving the organization. Usually, it deals in the form of compensation. On that basis, you agree to end your employment.…
Read more »What is An Exclusive Licensing Agreement? Everything You Need to Know
Introduction An Exclusive Licensing agreement is a form of agreement most commonly used for intellectual property. Through this, the company gives certain exclusive rights to individuals or other companies to use their services, products, or technology. In this…
Read more »Are Verbal Contracts Legally Binding Under The Law?
Introduction We often use verbal contracts in our day-to-day lives. We agree with persons and create an agreement without putting it in writing form. But sometimes, it creates confusion because when any disputes arise, then we have no…
Read more »Are Employment Separation Agreement Legally Enforceable?
Introduction An employment separation agreement is the same as any other contract. It can also be enforceable like other contracts. Basically, through an employment separation agreement, the employee waives their future rights to claim against a former employer.…
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