by Torro | May 3, 2022 | Business Law
Buying or selling any business comes with certain risks. To avoid getting the short end of the stick, it is necessary to have at least a fundamental understanding of the process. Furthermore, it is important to take certain steps to reduce your risk, make the process...
by Torro | Dec 16, 2021 | 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....