Why You Need to Pay Attention to a Contract’s “Notices” Section
May 29, 2019The section called “Notices” that is typically found at the end of most contracts with other miscellaneous provisions is often overlooked as “boilerplate” contract language, but you would be wise not to ignore it. If overlooked, something in the Notices section could leave you unprotected. The p…
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What is Repudiation of a Contract?
May 9, 2019Repudiation of contract occurs when one party refuses to perform the contractual duties as promised. Once a party has shown either through words or deeds that it is not going to perform its contractual obligations — also known as “anticipatory breach” — the other party may claim a breach of co…
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How an Assignment of Contract Works (and When It Won’t)
May 7, 2019When one party to a contract transfers the obligations and rights under that contract to another party (the assignee), this is known as an assignment of contract. The assignee is then expected to carry out all the duties under the original contract in place of the original contracting party and the other part…
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