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Contract Disputes Archives

What makes a contract legal and binding?

Years ago, a person's word was as good as gold. A handshake or a simple nod of the head could signal two parties agreed, and they depended on one another to keep up their ends of the deal. Today, with disagreements played out on social media and lawsuits over spilled coffee, do you trust your Florida neighbor in the same way neighbors used to trust? 

How to Create a Legally Binding Contract

If you’re a business owner in Miami working on a contract, you no doubt realize the importance of ensuring it’s legally binding. In fact, the best way to prevent troublesome and potentially costly contract disputes down the line is to make certain the document is sound in the first place. The U.S. Small Business Association offers the following tips for business owners working on drafting a contract.

Contract impasse leads to aerospace worker strike

Contracts between labor unions and employers can be quite complex due their scope. Given that they often impact a large number of people, most hope that when issues or disputes do arise that they can be resolved quickly. Few every look forward to the possibility of what may happen when they do not: a work stoppage. A strike can hinder both sides of a dispute, with those on strike having to deal with a loss of income while the companies they work for see their operations impacted. However, there may be times when disagreements over contractual terms are significant enough that such action is warranted. 

Understanding the strength of oral contracts

Those who do their business in Miami via contractual agreements typically follow one rule: Get it in writing! That is no doubt due to the fear that without a written contract, one party to an agreement can simply walk away from it at any time, leaving the other facing significant losses. While some might think that those who still put stock in the proverbial "handshake agreement" are displaying their naivete, the law actually does assign value to such accords. 

Detailing Florida's cooling off period

Buyer's remorse is a very real thing, and often is not simply limited to purchases you make over-the-counter. There may be times when you and/or your company contract for services, but then suddenly begin to have second thoughts. Several of the clients that we here at Welbaum Guernsey have worked with in the past have, and they have come to us questioning if there is any way that they can simply cancel those agreements (without facing any legal reprocussions). The answer to this question is yes, but only if you act fast. 

Untangling a contract dispute

There are many exciting aspects of starting a new business in Florida -- so many, in fact, that a small bump in the road every now and then likely causes little disruption to the company flow. When another party fails to meet expectations as listed in a business agreement, however, new and unexpected troubles can arise. 

What does "termination for convenience" mean?

As a contractor in Miami, you rely heavily on the promise that your clients will fulfill their financial obligations to you upon the completion of your services. Your contractual agreements with them provide you with the protection and security of knowing that as long as you fulfill your duties, they are legally bound to complete theirs. Yet what if one simply shows up amid the project and tells you that it is cancelling your contract? Can a client legally do that? 

Why might you want to have employees sign a noncompete?

Competition is a normal part of the trade for your business and other Florida companies. When you are thinking about including a noncompete clause in your potential employees’ contracts, it is not to limit their ability to work in the future. The purpose of a noncompete is mainly to protect your company’s secrets and business operations, as well as to keep an oversaturation of competition from weakening your brand.

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