Business Law

The Law applicable to running a business.


Free Legal Information

The legal information you need.

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...

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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...

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Vicarious Liability

Vicarious liability is where someone is held legally responsible for the acts or omissions of someone else. Therefore vicarious liability can make...

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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...

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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...

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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...

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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...

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