In the United States, commercial contracts between two parties are generally settled using common law and state statutes. If two businesses are involved in a dispute over a contract, the dispute is usually resolved under the terms of the Uniform Commercial Code. Each...
Studies have shown that most business owners in New York and throughout the U.S. don't have succession plans in place. While some owners believe that it's too early to think about a succession plan, others feel that it's too much of a hassle. But it's important to...
Large corporations and entities operate like machines: they are established and work out long-term plans to continue their growth through changes in leadership. For massive businesses, the turnover of a leader may mean little to its daily operations. However, when a...
Business contracts are likely the most important documents a business owner rely on when running a business. Making sure the contracts are enforceable and have the key elements that pertain to your business will ensure that it is protected in the event of a contract...
