An Introduction to the Legal Environment The legal environment of business is a term that is used to describe the effect of law and regulation on business behavior. This environment encompasses all jurisdictions and all businesses and can include federal, state, and local laws, regulations, and case law (court opinion). It includes anything from constitutional amendments to state enforcement and […]
Overview of Software-as-a-Service Contracts The specific terms and conditions that make up a software agreement can vary significantly depending on the software itself. With Software as a Service (SaaS) contracts, you are entering into an agreement to use software that is hosted on the cloud, rather than on-premises at your organization. The software is maintained by the cloud provider and […]
When You May Need to Sue a Utility Provider There are a number of circumstances that may warrant suing a utility company. Perhaps your utility bill was much higher than what you normally pay or even higher than the previous month even though you have not increased your usage. Or perhaps the utility company has continuously turned off your services […]
What Constitutes an Insuring Agreement? Understanding Insuring Agreements: Key Components and ImplicationsInsuring agreements are part of the sine qua non of an insurance contract. Importantly, an insuring agreement is at the heart of an insurer’s duty to defend its insured. Conversely, analysis of the insuring agreement may determine that the insurer has no duty to defend.An insurance contract typically contains […]
Georgia Rename Statute Intro In the state of Georgia, the name change laws are found in the Official Code of Georgia Annotated sections 19-12-1 through 19-12-4. These laws are important because they set forth the legal process that individuals need to follow to have their names legally changed. An official name change can provide a fresh start by helping people […]
What is a Release Agreement? Release Agreements: A release agreement, also known as a settlement agreement, is a legally binding contract that settles a dispute between two parties. The primary purpose of a release agreement is to ensure that one or both parties waive their right to pursue any further legal action against the other relevant to the dispute that […]
Federal Evidence Rules Primer The Federal Rules of Evidence (FRE) lay down the evidentiary standard for all cases taken to court in the United States. They apply to federal laws and proceedings, even if the case involves state statutes. The FRE is centralized under rule 1101, which provides both their scope and purpose.The rules apply to all U.S. district courts, […]
What Is a Buyer Broker Agreement Buyer Broker Agreements are contracts in which you agree to hire a broker for a period of time to help you buy real estate. These agreements are typically set up for three, six or 12 months. The second part of the agreement outlines what commission will be paid to the broker if and when […]
Decoding Contract Management Frameworks It’s difficult to imagine any organisation that uses contracts and is truly successful at managing them, without using a framework or approach. Contract management frameworks are designed to help organisations plan and navigate their activities and processes to take contracts through their full lifecycle.But what do we mean by a contract management framework? Well, a framework […]
Overview of Usury Laws Whether your business is new or established, the chances are that you will at some point in time require a loan. Up until 1974, if you needed extra cash for your company, all you would have to do is find a lender who was willing to fund the loan. Unfortunately, once your loan terms were decided, […]
