An agreement is a mutual understanding between two or more parties where they decide to do something or refrain from doing something. It may be written, oral, or even implied through conduct. However, not every agreement carries legal weight. In legal terms, an agreement is formed when one party makes an offer and the other […]
Category Archives: Contract
06
Jul
Jul
Collaboration Agreement: Two businesses get excited about working together. There is a shared vision, a clear opportunity, and a lot of goodwill. They start the work, split tasks informally, and agree to “sort out the paperwork later.” Later usually arrives as a disagreement. Who owns the thing you built together? Who gets what share of […]
06
Jul
Jul
TL;DR: An agency agreement is a contract between a principal and an agent, setting out the agent’s authority to act on the principal’s behalf and the duties, compensation, and limits that come with it. Without one, the law still treats the agent’s authorised acts as binding on the principal, which is exactly why getting the […]
12
May
May
A Shareholder’s Agreement (SHA) is an essential legal document that governs the relationship between a company’s shareholders. It outlines their rights, responsibilities, and the way the company should be managed. This agreement not only protects the interests of the shareholders but also ensures smooth business operations. In this blog, we will explore the key aspects […]
09
May
May
Terms and conditions are the legal agreement between a business and the people who use its website, app, or service. They set out the rules a user has to follow, what the business is and is not responsible for, and what happens when someone breaks those rules. You will also see them called Terms of […]