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 ...

One of the basic tenets of contract law is that the parties must come to a “meeting of the minds” in order to have a valid and enforceable contract. Valid contracts require an offer, acceptance, and ...

The existence of a valid and binding written or oral contract between the parties. The plaintiff’s performance, partial performance (in some cases), or excuse for nonperformance of its contractual ...

Small businesses frequently enter into contracts with customers for the sale of products or services, with vendors for the supply of goods and with employees. Contracts must contain seven key elements ...