Tag: commercial contract
Signed, sealed… or simply agreed? What makes a contract legally binding?
We’ve seen it countless times. A contract is drawn up, sent to the other party, and never signed. Even worse, there’s no written contract at all. When things go wrong, the clients want to know: is this agreement legally binding? Contrary to popular belief, a contract doesn’t need to be signed to be enforceable under... Read more »
Negotiating a commercial deal? Check your heads of terms!
“I have been in negotiation to sell my business, and my buyer has just withdrawn from the deal. Can I have the payment from the buyer?” That question summarises classic enquiries we receive in a commercial transaction. One of the first things we would ask is what has been agreed between the parties – do... Read more »