A standard sales contract obligates one party to purchase goods or services for a predetermined price established in the contract. Some sales contracts are ongoing and can include a buyout clause.

In a recent article, we discussed the importance of including "integration-plus" clauses in written contracts to insulate clients from claims of fraudulent inducement. In this article, we expand on ...

No oral modification (“NOM”) clauses are boilerplate provisions, which require that in order to be effective, an amendment to a written contract must be made in ...

Because data is essential in today’s economy, many contracts signed by businesses address the parties’ rights and responsibilities for data. Contracts commonly restrict the use of the data to only ...

All government contracts are governed under the auspices of the Federal Acquisition Regulation. Also known as FAR, this regulation is divided into 53 parts and details the way business with the ...