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Drafting a Business contract
Although verbal agreements will be legal and binding in most situations they are difficult to enforce when there is a dispute. You could end up in...
Interest on business debts
If you are in business and are owed money by another business as a business debt you are entitled to interest on the debt and amount owed. The Late...
Tips when making a business agreement
When you are in business you need to know how to make a business agreement. You will be entering into business contracts and buying and selling...
Vicarious Liability
Vicarious liability is where someone is held legally responsible for the acts or omissions of someone else. Therefore vicarious liability can make...
Is time of the essence?
When you enter into an agreement with someone to do some work for you the time to complete that work will not be 'of the essence' unless this is...
Acceptance of contracts
For a contract to be legally binding there must be clear acceptance of the contract and an intention to be legally bound. The three elements of a...
Assigning a contract
A contract is assigned when one of the parties transfers their rights and obligations under the contract to another. For the assignment of a...
How to prepare a witness statement
Witness statements contain the evidence in support of your case. As such your witness statement is critical and winning or losing might well turn on...
The Partnership Act 1890
The Partnership Act 1) Partnership is the relation which subsists between persons carrying on a business in common with a view of profit. (2) But...
Misrepresentation and the Misrepresentation Act 1967
A misrepresentation is an untrue statement of fact made by one party to the other, which induces and misleads that party to enter into a contract....