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Business Law: Can Businesses Avoid Breach of Contract Claims Due to COVID-19?

There are three main legal theories that might be applicable in a pandemic situation like COVID-19 which would allow businesses to defend against lawsuits for breach of contract. These are: Force majeure provisions in the contracts Doctrine of impossibility/impracticability and Doctrine of frustration of purpose Here is a general summary of how these provisions and… READ MORE

international sale of goods

What is Convention/Contracts for the International Sale of Goods (“CISG”)?

Most businesses are familiar with basic US business contracts and with the Uniform Commercial Code (“UCC”). Unless your business involves a significant component of international transactions, you may not be familiar with the Convention/Contracts for the International Sale of Goods (“CISG”). CISG law and CISG forms govern international sales of commercial goods, but not services,… READ MORE

international sale of goods

What is Convention/Contracts for the International Sale of Goods (“CISG”)?

Most businesses are familiar with basic US business contracts and with the Uniform Commercial Code (“UCC”). Unless your business involves a significant component of international transactions, you may not be familiar with the Convention/Contracts for the International Sale of Goods (“CISG”). CISG law and CISG forms govern international sales of commercial goods, but not services,… READ MORE

What You Need To Know About Business Contracts

Business Contracts 101: The Basics When you are running your business, almost everything you do is contractual, even if you do not see yourself as making and accepting contracts. If you email over a purchase order to one of your suppliers, that is a contract. In business, contracts can be quite simple. They can also… READ MORE

Business Contracts and Material Breach

In general, a breach of contract is any failure to perform what you agreed to do. Examples would be: Failure to deliver the goods promise Failure to deliver the goods in a timely fashion Failure to pay, etc. Contractual obligations are set forth in the contract between the parties. If the contract is in writing,… READ MORE

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