When two or more people strike a bargain, and each party to the agreement promises to give something up in order to get something else in return, those individuals have created what is known as a ...

Bill, 2025, a proposal aimed at shielding consumers and businesses from unfair and unconscionable contract terms. Sponsored by Wajir East Member of Parliament (MP) Aden Daud Mohamed and published in ...

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...

Learn about adhesion contracts—non-negotiable agreements in business. Discover their definition, applications, enforceability, and how they affect you.

A checklist of strategies and tips for effectively drafting commercial contracts, including guidance on how to effectively plan the contract drafting process, select the proper form of contract, and ...

Discover what a quasi contract is, how it functions, and how it differs from traditional contracts. Learn about its purpose and legal implications for dispute resolution.

Under New York law, reformation of contract is an equitable remedy allowing the court to rewrite a contract that does not accurately reflect the mutual intentions of the parties. Where the contracting ...

Supply chain professionals must understand the domestic and international laws and legal processes that bound their strategic decisions and business planning. This concentration is aimed towards both ...

"Every contract is an agreement, but It's not every agreement that qualifies to be called a contract". During my first day in the Law of Contract Class, the caption of this article was given to us as ...

Loss adjusters must interpret policy contracts in relation to each reported claim and make decisions on coverage. Therefore, a fundamental knowledge of contract law is essential to understanding the ...