A contract is a legally binding agreement between two or more parties. Once signed, this contractual agreement creates a promise that certain rights and obligations will be fulfilled by each party.
The main purpose of a contract is to formalize new relationships and outline the various legal obligations each party owes to the other.
An employment contract is a legally binding agreement between an employer and employee used to define the working relationship. The terms laid out in the contract depend on what was agreed upon when the employee confirmed that they would take a position. It is important to ensure your employment contract is up to date and compliant with the latest laws.
Electronic commerce agreements include terms for the various activities to be performed via internet commerce transactions. These agreements provide a business with protection regarding third party services and transactions as well as limit liabilities. Business owners should seek advice in drafting eCommerce agreements. Examples of e-commerce contracts can be end-user license agreements, terms of service/terms and conditions, or privacy policies. If you have an online business we can help with the legal contracts required.
An agency contract is a legally-binding written agreement between an agency and its clients for specific projects. This legal document includes the project specifications, rights and responsibilities of each party, as well as special conditions. Agency agreements are used whenever you ask a vendor, accountant, lawyer or another third-party to conduct business on your behalf. For more details click below to send your message.
Block Chain Contracts
While blockchain technology has come to be thought of primarily as the foundation for Bitcoin, it has evolved far beyond underpinning a virtual currency. A smart contract is a self-executing program that automates the actions required in an agreement or contract. Once completed, the transactions are trackable and irreversible.
A brokerage agreement is a type of contract wherein one party agrees to act as a sales agent of another, who is called the principal. The agent introduces the products of the principal, which is usually an exporting company, in the external market for a commission determined on the basis of the business deals the agent manages to acquire. This type of contract is ideal for small companies with little or no experience in international trade, as it allows them to access international markets without having to make large investments. This type of contract is usually called Commission Sales Agreement.
FIDIC Contracts are the international standard for the Consulting Industry. They are recognised and used globally in many jurisdictions, on all types of projects. They offer a balanced approach to the roles and responsibilities of the main parties, as well as the allocation and management of risk. FIDIC contracts adopt a multi-tier dispute resolution process with the emphasis in recent years on the amicable settlement of disputes.