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.

Contracts are a necessary detail when doing business. As a particular deal becomes more complex, so does the contract that seals that deal. Nonetheless, contracts follow a basic set of rules, whether ...

Learn the differences between the percentage of completion and completed contract methods. Discover how each impacts revenue ...

A home warranty can help you cover the cost of repairs and replacements for your major appliances and systems. Similar to an insurance policy, a home warranty provider charges a monthly or annual fee.

Purpose: This document explains the eight part process for the submittal of a proposed contract to University Contracts for review and signature. the originating department has carefully reviewed and ...

As the world rapidly changes, businesses need to find ways to adapt in order to stay ahead. As a part of this adaptation, I think smart contracts are one of the most transformative technologies in ...

Although the majority of employees in the U.S. work under at-will agreements, some employers utilize legally binding employment contracts. Before determining if employment contracts are right for your ...

Learn the steps to calculate notional value for futures contracts and why it's pivotal in evaluating risks and managing your ...