by Torro | Dec 16, 2021 | Blog, Business Contracts, Dispute Resolution
In today’s world, almost all business transactions involve an agreement – typically a written agreement. The terms “contract” and “agreement” really refer to the same thing and are often used interchangeably. Breach of contract is one of...
by Torro | Sep 9, 2021 | Blog, Business Contracts, Kansas Business Law, Oklahoma Business Law, Texas Business Law
A valid contract legally binds the parties in the contract to certain duties under the agreement. First and foremost, the parties have a duty to perform their obligations in good faith according to the terms of the contract. As long as they do so, there is no problem....
by Torro | Jun 12, 2020 | Blog, Business Contracts
How to write a contract. To have a business contract that is in compliance with state laws, you’ll need to have a well written and organized contract with 3 essential elements (Offer, Acceptance and Consideration). Learn more about the 3 elements to include in a...
by Torro | Nov 28, 2019 | Blog, Business Agreements, Business Contracts, Legal Mistakes, Legally Protected Business, Oklahoma Business Law
Legal Mistake #3: How to Keep From Entering into Bad Contracts Everyone in business deals in contracts, whether they are written or oral. As your business becomes more sophisticated, it becomes increasingly important that you get more of your contracts in writing....