Familiarity with contract law is especially critical for small-business sole proprietors and partnerships. Unlike in a limited liability company or corporation, a signed contract legally binds both ...

A business contract functions in the same ways as other written or oral agreements. It is a promise all parties entering into the agreement must legally uphold. Selling a business contract once all ...

Q: In previous columns, you have recommended that our agency avoid liability on group hotel, cruise or tour contracts by having the corporate client sign the contract or at least by signing "as agent ...

Absent a written agreement allocating the risk of loss, our legal system assigns responsibility for a loss to the party who causes it. This is consistent with our society’s expectations. We expect the ...

Freeman Law is privileged and proud to serve as outside counsel to various engineering, architectural, and other professional services firms. This segment of Freeman Law focus spans from protecting ...

In what it described as a case of first impression, the Northern District of California ruled that a professional liability policy that excluded the insured’s “assumption of liability obligations in a ...

One of the best ways to protect your business from legal liability and misunderstanding with an employee is to have an employment offer letter issued and sent to the prospective employee. The employee ...

‘No man is an island.’ Today, the interconnectivity of business can drive opportunity, but those same interactions can significantly affect us and our businesses. Today’s marine businesses have to ...

Peter S. Britell and Ashley A. Dunn of Venable write: There is an "issue du jour" in almost every new major design and construction project—limitation of liability. The architect and construction ...

How to Ensure Your Liability Limitation Clauses Are Enforceable in California To ensure that a damages limitation provision in a contract is enforceable, businesses should be aware of the different ...

The limitation of liability is one of the most important clauses in a software license agreement because it limits the amount and types of damages one party can recover from the other party. For ...

Learn about liability insurance, including how it works, its significant types, and why it's essential for personal protection against claims and damages.