For agreements and contracts of any financial or other significance, a written agreement is advisable, even if not legally required. This is because it is more difficult to later argue about the terms ...

All college presidents technically hold employment contracts. But whether the terms of those contracts are spelled out clearly is a different story. One-third of public university chiefs do not have ...

When most people think of a contract, the first thing that comes to mind is some complex document containing legal terminology that is signed to memorialize the terms of an agreement. But the truth is ...

Parties often have lengthy negotiations before they enter into a final written contract. Various promises and representations are made and relied on during those negotiations. “Be sure to incorporate ...

It doesn't matter if it's typed or written by hand. Nor does it have to be any particular length. But for a business contract to be legally binding, it must contain six specific elements. As a ...

Dhara Singh is a personal finance writer with more than 300 articles published online on topics related to personal loans, mortgages, and retirement. Her work has been published on major financial ...

Christy Bieber has a JD from UCLA School of Law and began her career as a college instructor and textbook author. She has been writing full time for over a decade with a focus on making financial and ...

A contract is an agreement between two or more people where each party agrees to do or not do a certain thing in exchange for an expected benefit. Sometimes, state law requires a contract to be in ...

Although the majority of employees in the U.S. work under at-will agreements, some employers utilize legally binding employment contracts. Before determining if employment contracts are right for your ...