Tag Archives: Agreement

What is a Non-Fungible Token (NFT) and an How does it work?

Non-Fungible Tokens (NFTs) are a new type of digital asset that is revolutionizing the way we think about digital ownership. NFTs are unique pieces of code stored on a blockchain that represent ownership of a specific item or asset. They are different from traditional tokens, such as Bitcoin, because they are not interchangeable and each […]

What is a Privacy Policy ?

Privacy Policy is a legal document that is published on the website or application and it incorporates clauses in regard to collection of personal Information of user, how that information shall be used and protected by the website and in what circumstances will the website not be liable for the disclosure of personal information of […]

What is an Agreement ?

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An agreement is a promise or arrangement between two or more parties to do, or omit to do, something. It’s usually informal and maybe written or oral. Agreement is considered to be made when two or more persons having common intention make an offer while the others provide  acceptance to such offer. An agreement can […]

What is a Disclaimer ?

Disclaimer is a legal document that is published on the website and it provides information about the warranties that the website offers to the users, the limitation on liability of the website and a clause stating that under which circumstances shall the website disclaim all warranties given by it to its users. When is a […]

CONSULTANCY AGREEMENT

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What is a Consultancy Agreement? A Consultancy Agreement is an agreement between two individuals or Companies wherein one party acts as a Consultant and the other as the Client. This Agreement basically lays down the details in regard to the services that shall be provided by the Consultant, term or duration for which such services […]

Collaboration Agreement

What is a Collaboration Agreement? A Collaboration Agreement is an agreement between two or more individuals who collaborate or work together to develop a particular project. This Agreement lays down a detailed description about the relationship of the collaborators, their roles and obligations in regard to the development of the project, ownership of the Intellectual […]

Understanding an Agency Agreement: Key Clauses, Importance, and a Sample Template

In today’s fast-paced business world, companies often rely on third parties, known as agents, to act on their behalf. This is where an Agency Agreement becomes critical. Whether you’re hiring a sales representative, a distributor, or a marketing agent, having a clear Agency Agreement helps ensure that both parties understand their rights, responsibilities, and expectations. […]

What are Terms and Conditions ?

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When surfing the internet and hovering over various websites and applications you must have come across the terms and conditions sometimes indicated as “Terms of Service” (ToS), “Terms of Use”, EULA (“End-User License Agreement”), “General Conditions” etc. It is a legal document or an agreement which creates a relationship between the service provider or the […]

Understanding the Importance of an Operating Agreement for Your LLC

What is an Operating Agreement ?

When forming a Limited Liability Company (LLC), one of the essential documents to have in place is an Operating Agreement. Many business owners often overlook this, especially in states where it is not a legal requirement, but having a well-drafted Operating Agreement is crucial to the smooth functioning of your LLC. In this blog, we’ll […]