A hold harmless agreement is a statement in a contract that absolves one or both parties to the agreement from liability for ...

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.

Those familiar with the construction industry know that construction projects are seldom, if ever, completed within the time originally anticipated at the project’s outset. Fortunately, prime ...

Because courts generally presume indemnification applies only to third-party claims, any broader intent must be stated in ...

Identify the purpose of the transaction, which dictates its structure. Determine whether the transaction: involves the provision of goods (for more information, see Sale of Goods Agreement (Pro-Buyer) ...

Forbes contributors publish independent expert analyses and insights. Sho Dewan is a career expert who covers work, top jobs, and business. People love to say that freelancing is all about freedom — ...

Contracts are an undeniably important part of protecting both yourself as the business owner or entrepreneur and your client. They set clear expectations for both parties, keeping everyone on the same ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Eric's career includes extensive work in both public and corporate accounting with ...

Last year a firestorm erupted after General Mills, the maker of Bisquick, Cheerios, and other food brands, changed the legal terms on its website, requiring that all disputes related to the purchase ...

As Oklahoma State athletic director Mike Holder ticked off the changes made to football coach Mike Gundy’s contract Friday following a law firm’s investigation into the treatment of players in the ...