difference between liquidated damages and penalty

Your business relies on commercial relationships to support its operations and to sell its goods and services. Whether that relationship takes the form of an order for goods from a customer or a set of software services from an IT specialist, it is usually memorialized in a written contract. You are entitled to rely on these executed contracts, and...

can i live in a different state than my llc

A core skill set of any business person is deciding how to invest the time and resources of a business. Balancing risk assessment and return on investment follows closely behind.  To memorialize these activities, businesses rely on contracts. Contracts are the backbone of commercial activity. When a contract is breached, a new set of considerations arise—the first being whether...

contract for goods and services

A sale of goods contract is one of the most important agreements a business owner can enter into. You may be writing a contract so you can offer your goods and services to customers. Or maybe you’re reviewing a new contract as you make a major purchase. In either situation, understanding what language to include (or keep out) can...

breach of contract affirmative defenses

If your business has been sued for breach of contract, it is important to know how to defend yourself. You want to be prepared to raise as many legal defenses as possible. Often, it’s not enough to deny the claims against you. You will also have to raise “affirmative defenses.” These defenses justify steps taken in making and/or breaking...

florida wage and hour law

Please note this blog post is written for employers, although we understand it may be of interest to employees as well. At this time, our firm only represents business owners and employers. If you need assistance with a legal matter as an employee, please consult a firm that represents employees. Florida wage and hour law refers to standards and...

Should I Hire A Contract Review Lawyer

Please note this blog post is written for employers, although we understand it may be of interest to employees as well. At this time, our firm only represents business owners and employers. If you need assistance with a legal matter as an employee, please consult a firm that represents employees. Contracts are important legal documents that bind businesses and...

Is-It-a-Contract-When-Emails,-Text-Messages,-and-Oral-Discussions-Become-Enforceable

Contract disputes may arise when one party didn’t even realize an enforceable contract existed. In Florida, some contracts must be in writing to be valid and enforceable. Some oral contracts are also enforceable. However, evolving technology adds to the confusion regarding valid contracts. Many wonder whether agreements made over email or text message are legally binding. Consulting with an...

What is a Breach of Contract in Florida?

A breach of contract in Florida occurs when one party to the contract does not fulfill its obligations. Florida breach of contract does not have to occur between two big businesses: individuals and small businesses often find themselves in breach of contract situations. If you’ve relied on a contract and the other party breaches, you may find yourself in...

Vendor Agreement for Services

When work is performed or services are provided by an outside party, it is often done under a vendor services agreement. Business owners and individuals in need of services from a third party— whether as a one-time thing or on an ongoing basis — should use a vendor services agreement. With a clear and professionally drafted vendor services agreement...

Going into business with one or more other people can be exciting, but it can also be a stressful experience when one or more of your partners does not live up to the terms of the partnership agreement. When one or more of the partners fails to abide by the terms of the partnership agreement, this is known as...