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 ...

A contract is an agreement between two parties that creates an obligation to perform (or not perform) a particular duty. A legally enforceable contract requires the following elements, all of which ...