As a business owner, the last thing you should do is sign contracts or agree to arrangements without a legal expert reviewing those documents. You may think it's easier to simply sign off on documents as they arrive, but if you aren't careful, you may not catch the details that could end up hurting your business. For instance, you might agree to hire a contractor and sign off, not realizing that you had no termination clause.
Domain names are something you create to link others to your websites. You purchase them and brand yourself based on it. It's vital to the success of your company online.
Pacific Fertility Clinic, located in San Francisco, experienced an equipment malfunction that put hundreds of embryos in jeopardy. Allegedly, liquid nitrogen levels in a tank storing the embryos dropped below the required levels.
In 2014, AT&T was sued by the Federal Trade Commission (FTC) for allegedly reducing the data speed on heavy data users who had unlimited data plans. According to the FTC, AT&T failed to notify the users that their data speed would be reduced by nearly 90 percent.
Fraudulent misrepresentation is not the same as breach of contract. A breach of contract is when all parties agree to certain terms of a contract, and then one of the parties does not follow through on their end of the deal.
Business partners, unfortunately, do not always know each other well before plunging into what sounds like a good partnership deal. But when the deal goes sour, someone often gets hurt, and it may be the business itself. So what happens if a business partner sabotages your business?
Businesses often find themselves in litigation when customers are unhappy -- and it appears Apple customers are unhappy. Apple recently admitted that they released a software update to older iPhones that slowed them down.
Business contracts between two parties are meant to be binding. They are contractual agreements defining the obligations to be fulfilled by each party. Unfortunately, there are times when things happen that prevent a party from carrying out his or her portion of a contract.