Moral obligations might seem strong enough to equate to a good legal contract, but moral obligations and legal contracts are completely separate entities. A moral obligation can be encoded into a ...

Back to basics – Do you even have a contract? Generally, a contract will be formed when parties come to an agreement through offer/acceptance. This doesn’t typically create problems where there is a ...

In the international upstream oil and gas exploration and production industry, joint operating agreements (“JOAs”) are the key agreements which govern the terms upon which oil and gas companies ...

In America, we don't tend to use the words "solidarity" and "social contract" as frequently or naturally as the Europeans do, but the idea of a social contract is actually as American as apple pie--or ...

Do you rely on third parties in your organization? Are you a third party to others? And have you signed agreements with these parties? For many, the answer to all three questions is “yes.” Do you know ...

Adam Leitman Bailey and John M. Desiderio explain how New York courts decide whether a buyer’s or seller’s failure to meet a real estate contract obligation is a “material” breach that justifies ...

Julie Young is an experienced financial writer and editor. She specializes in financial analysis in capital planning and investment management. Erika Rasure is globally-recognized as a leading ...

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