If you are entering into a contract in Florida, it is important to know whether the contract is actually enforceable
Timeshares are some of the greatest ways to own a vacation home, but also sources of the greatest headaches in
In most contracts, there is a provision for attorney’s fees, sometimes called a prevailing party clause. This provision states that if legal action must be taken to enforce the contract, the prevailing party will get its attorney’s fees and costs paid by the losing party. Under Florida law, attorney’s fees are contractual or statutory, meaning that this provision must be included in contracts or statutes to be enforced. Because of this, it is important to include an attorney’s fees clause in any contract in Florida.
Under California law, a “general release” of claims releases the parties from all mutual obligations and all known claims. The language of § 1542 notably states that a general release does not extend to unknown or suspected claims. This means that if one party violated an agreement, but the other party does not find out about the violation until after the agreement has been dissolved, the injured party can still bring a claim and file a lawsuit.
A buy-sell agreement, buy-out agreement or a business prenup, is typically a contract that specifies how a partner’s share of an enterprise will be reassigned if he or she happens to pass away or dispense themselves from the company. Buy-sell agreements are commonly used for closed corporations and partnerships but may be used for other types of companies as well.
An employment contract is an agreement between two parties – an employee and an employer, that involves terms and conditions of employment. Some employment contracts may be oral, whereas others are written and contain many descriptive provisions. Oral employment contracts are enforceable but could be much more difficult to prove in court.
Typically, an author does not receive royalties until the advance has been recouped. The advance is an advance against royalties. Usually, the amount paid to the author will depend on the format of the book being sold as well as on the book retailer selling it.
The general trend in the publishing industry today is the growth in sales of ebooks and a decline in the print market. In 2018 it was observed that the bestseller lists have become dominated by mostly political works. Additionally, there is an ever-increasing boost in sales of works adopted for movies and TV series.
This is a quick legal reference guide covering 16 topics that every business owner needs to have to start a business