One way that businesses have traditionally protected their own interests is with noncompete agreements. These keep employees from jumping between businesses, which is beneficial in its own right. But a noncompete can also be a way to try to prevent trade secrets or...
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BUSINESS & COMMERCIAL LAW – Contract Disputes
5 ways to avoid contract disputes
In the business world, contracts are everything. A contract helps each involved party understand their obligations to uphold a transaction, delivery or service. While contracts frequently define how businesses work with others, it doesn’t always mean each party is...
What is rescission in a breach of contract claim?
Sometimes, you realize shortly after the ink is dry on a contract that you've made a big mistake. What happens then? Rescission is an equitable remedy designed to address situations where it would be unfair or unjust to enforce a contract as originally agreed. What...
Can your company use non-compete agreements?
Non-compete agreements can be beneficial for companies because they restrict worker movement. Business owners sometimes feel as if they are simply training employees who then move to the competition, taking that expertise with them. A non-compete agreement helps to...
4 things to do when creating a contract
Contracts are the backbone of any strong business agreement. Contracts make it clear to each party what service or product they’re expected to provide. Having a contract can also help strengthen business relationships. If you are creating a business contract, here are...
Can you terminate an employee for stealing?
Terminating an employee is not that easy. You typically need a legitimate reason to do so, such as stealing from work. If you believe your employee is stealing or using company property without permission, you should make calculated moves to eliminate the chances of...