Breach of contract on sales of goods can only occur if the sale involves a legally binding purchase contract between a buyer and a seller. Purchase agreements can be absolute or conditional, meaning ...

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.

Looking for an example of a bad music contract? Here’s one to avoid at all costs — and guidance on how to find something better. The following is part of a series by music industry attorney Steve ...

The Commodity Futures Trading Commission’s LabCFTC recently released “A CFTC Primer on Smart Contracts” as part of LabCFTC’s effort to engage with innovators and market participants on a range of ...

A smart contract is a self-executing computer program that automatically executes the terms of a contract without the involvement of third parties. Smart contract execution can result in the exchange ...

Somer G. Anderson is CPA, doctor of accounting, and an accounting and finance professor who has been working in the accounting and finance industries for more than 20 years. Her expertise covers a ...

Beware the fine print is the oft-repeated expression heard in almost any deal or contract negotiation. It’s good advice that too often is ignored in daily life and job situations—especially among ...

For many people, it can be hard to put concepts into action and understand theoretical discussions in a tangible way. As a continuation of Part 1 of The Art of NFL Contracts, it is time to put those ...