A standard sales contract obligates one party to purchase goods or services for a predetermined price established in the contract. Some sales contracts are ongoing and can include a buyout clause.
Individuals, as consumers, enter into contracts with businesses frequently, such as whenever they agree to a software license or a cell phone service contract. These contracts are normally long ...
When entering into arrangements with clients or engaging vendors, startup companies may be faced with a confusing array of contractual terms, including terms that reference various types of damages.