Contracts are the lifeblood of business and personal agreements, and they come in various forms, including written and oral contracts. The validity and enforceability of oral contracts and oral contract modifications are essential legal considerations. Are oral contract modifications valid in Florida? Courts can enforce oral contract modifications in Florida, but the validity of these modifications will depend on several...
Florida is a key player when it comes to foreign transactions. So it’s no wonder that countless Florida businesses implement foreign business agreements. Whether you are seeking to import goods, export services, or establish partnerships abroad, an international business contract will serve as the legal backbone for these transactions. An international business contract should include at least eight key...
Contracts are necessary in all different types of scenarios, from buying and selling goods to real estate transactions. When you enter into a contract, you expect the other party to perform their obligations under the agreement. However, breaches of contract still occur all the time in Florida. Thankfully, the law recognizes that contracts serve an important societal function and...
Florida employment agreements should include essential terms such as the compensation rate, benefits, contract termination options for both parties, the scope of work, and other details. Writing an effective Florida employment agreement is critical to helping limit your business’s liability and creating a productive workforce. After all, the employment agreement forms the foundation of your company’s relationship with its...
In business, disputes can arise anytime—over virtually any issue. There are many choices available to business owners regarding how to handle a dispute, especially when deciding what kind of ongoing relationship you as a business owner want to have with the other party once the conflict is resolved. Understandably, companies and individuals alike are often confused about which dispute...
Franchising can be a quick, easy way to establish yourself in business. As a franchisee, you get instant brand recognition. For a franchisor, you receive payment on the use of your business name and, potentially, royalties on your franchisee’s profits. Sometimes, the franchise agreement simply is not a match, and the owner and operator each want to take their...
For Florida entrepreneurs, contracts are an essential part of any business operation. Unfortunately, when your business relies on contracts, you can leave yourself vulnerable if your counterparty fails to hold up its end of the deal. If this happens, you may be faced with filing a lawsuit to recoup your losses. However, before going through the pain and hassle...
Franchises are excellent ways for entrepreneurs to enter new markets without starting a new business from scratch. Alternatively, if you have a successful business model, a way to grow your business without stretching your time and resources thin is to transform it into a franchise. The person who decides to run the franchise (the franchisee) opens a new location...
Navigate the complexities of Non-Disclosure Agreements (NDAs) and understand their duration to safeguard your business secrets effectively. Key Takeaways Non-disclosure agreements or NDAs have become a common tool in business. But not everyone is clear on how and when to use them. In particular, even individuals who have signed NDAs may be unsure of how long they last and...
Specific performance of a contract is a type of remedy that you would ask for when the other party breaches a contract. When you ask for specific performance, you are asking that the court order the parties to proceed as planned under the contract. Courts order specific performance in select circumstances—for instance, where the goods are irreplaceable or truly...