Tag: contracts

Although a lot of people believe that it will always be essential to get any agreement on paper, you can find cases in which a verbal agreement is legal and valid.However, since you can find in the same way many instances in which a written agreement is essential or, at the minimum helpful, this is a good idea to learn which situations demand which forms of agreements.The general guideline for deciding in case a contract must be in writing depends upon the type of the contract...

The Federal Arbitration Act, enacted in 1925 was originally made to help resolve commercial disputes between businesses.It really is providing the legal basis for the broad usage of arbitration clauses in consumer contracts today.Mandatory binding arbitration is becoming standard business practice in lots of consumer contracts.They're within applications for loans, car leases, employment contracts, insurance and charge card applications...

In this economy, it may seem twice before consulting a lawyer in order to avoid the fees.Sometimes that is clearly a good notion.Sometimes it isn't and can set you back substantially more in future litigation.Here are a few basic guidelines associated with two important issues - contracts and insurance - to greatly help decide when to utilize a lawyer and how exactly to utilize them efficiently.Contracts...