Contracts outline the expectations and obligations of each party, and they often contain complex language that spells out those terms. The ideal contract covers many contingencies in a manner that is agreeable to both sides. However, even the most complete contract...
Competition in business is healthy because it can drive innovation, provide choices and keep costs reasonable for consumers, among other benefits. When businesses compete unfairly, however, it can be ruinous. This is why North Carolina and federal laws offer...
When North Carolina employees begin to feel dissatisfied with their employer, they may take matters into their own hands, sometimes using illegal means. For example, if a worker feels the boss is not paying a fair wage, he or she may feel justified in taking supplies...
North Carolina is one of several states that has enacted a new legal system designed to manage business litigation. The North Carolina Business Court hears cases regarding business entities in a civil court system. The process streamlines specific types of cases like...
Litigation in the business world can be exhausting and expensive, which is not good for business owners who just want to get on with their vital operations and special projects. Although civil court is always an option, there are other ways to sort out disputes,...
You've entered into a contract with another party, and that party doesn't seem to be following the terms. How can you tell if that individual or organization is in breach of contract? In general, for the terms of a contract to have been broken, these four conditions...
The prospect of business litigation can strike fear into the heart of any North Carolina entrepreneur. It usually comes when you least expect it and without an immediate response on your behalf, it can wreak total havoc on your company. Even if you are the one...
contracts provide effective protection for all involved parties. Unfortunately, sometimes one or more parties choose to ignore the terms of a contract, which can lead to litigation. The wronged party in a contract dispute can suffer damage in many ways. Examples...
If you operate a business in the state of North Carolina, chances are, you have a few contracts with different parties. Examples of business contracts include: Employment contracts Sales agreements Vendor or supplier contracts Lease agreements When the person on the...
In the modern world, North Carolina successful business owners have a great many things to juggle. As such, it is conceivable that one or two critical issues might go overlooked. Intellectual property is one such issue that business people often fail to address....
