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 ...

A written contract documents an agreement between two parties under which both must perform. To form a contract, one party must make an offer to another party. If the second party accepts the offer, ...

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 ...

Opinions expressed by Entrepreneur contributors are their own. Have you ever considered suing someone for not holding up their end of a bargain? Or were you the one being sued? Whether you’re in ...

Identify the purpose of the transaction, which dictates its structure. Determine whether the transaction: involves the provision of goods (for more information, see Sale of Goods Agreement (Pro-Buyer) ...

Mary: What is a smart contract? Mark: The principal aim of the smart contract is a tamper-proof, unambiguous, computable contractual relationship whose payout (or other outcome) automatically occurs ...