Resources
Once a contract is signed, you may only modify it when both parties are in agreement with the changes, and both parties must agree to the changes in writing.
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A land contract is an alternative to a typical mortgage and can be used for the purchase of dwellings as well as for vacant land.
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There are four main types of business contracts — leases, sales contracts, employment contracts, and general contracts.
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Non-compete agreements are useful when you have trade secrets you do not want employees to divulge or when you need to protect business contacts and professional information. However, companies should avoid some of the common pitfalls of non-compete agreements.
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Key elements define the details and clarify the terms, triggering events, and payout options that are part of the contract.
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A well-written contract can be beneficial to both employers and employees. There are some things to know about employment contracts before you make the decision to sign one.
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Contracts are a part of almost every business deal. Whether you are selling a product or service or purchasing equipment and parts, you need to ensure a fair result. A contract is the best way to make sure that you get the results you expect in the timeframe that you want. A written contract protects both you and the other party in the agreement. It is enforceable under the law. However, generally, oral contracts are binding in Wisconsin under many circumstances.
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In order for a contract to be legally binding, it must include an offer, acceptance, and consideration. Learn more about how to ensure legally binding contracts, and what to do about a breach of contract.
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