The general rule that past consideration is not good consideration is important to remember when determining whether adequate consideration has...
Read moreFor a valid contract to exist, there must be consideration on the part of each party that enters the contract....
Read moreThe second essential element to create a binding contract after an offer is made is acceptance. An offer must be...
Read moreThe crucial first steps of forming a valid contract involve an offer and acceptance. The basic definition of an offer...
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What happens if you get COVID at work? If you are injured or contract a disease during the course of...
Read moreNo, a Memorandum of Understanding (MOU) is not a deal. More accurately, an MOU is an instrument used in anticipation of a...
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