Category: contracts

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 […]

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, […]

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, […]

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 […]

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, […]