From simple deals between friends to complex business arrangements, contracts play a crucial part in defining the terms and conditions of an agreement. One common type of contract is a bilateral contract – which we will explore in this blog post!
What Is a Contract Amendment? How Can Contract Amendments Be Managed?
4 min read
A contract amendment is a modification of the terms and conditions of a contract or subcontract.
Though we will explore contract amendments more in-depth, it is worth noting that changing the structure, duties, obligations, or rights of a contract requires increased oversight.
To that end, let's explore contract amendments and how disparate, important, and sensitive information can be managed, and contract amendments can be executed smoothly for effective contract management.
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What Is a Unilateral Contract? Definition & Examples
4 min read
Contracts are an essential aspect of everyday business operations (and even everyday life in general). They govern myriad transactions and agreements – serving as the cornerstones of personal and business relationships. There are many different ways to categorize and compartmentalize contracts by type – including as unilateral and bilateral contracts.
One of the most common types of contracts that appears in business settings is a unilateral contract. What is a unilateral contract – and why does it matter?
In this blog post, we will dive into the concept of unilateral agreements and provide an example of them at work!
Implied Contracts: A Guide to the Unspoken Agreements in Business
7 min read
Welcome to our comprehensive guide on implied contracts! Whether you're a business professional, a law student, or just curious about the fascinating world of contracts, this blog is designed to offer you a fun yet professional insight into the realm of implied agreements. Let’s dive into the world where words are few, but intentions speak volumes.
