A contract is an agreement that can be enforced in court. It is formed by two or more parties who agree to perform or to refrain from performing some act now or in the future. There are four requirements to form a valid contract, namely an agreement, supported by legally sufficient consideration, made by parties who have the legal capacity to enter into the contract, for a legal purpose.
In representing small, mid-size, and even larger nonprofits, we often find the array of periodic…
Finding the right employees can be a daunting task. Good employees can be the most…
It is important to keep your corporate minute book current. It should include various important…
We receive many calls from people thinking about starting a nonprofit organization to help solve…
There are a lot of issues to consider when you’re thinking about starting a new…
Corporate shareholders are the owners of the company, their most important function being to elect…
We recognize that many small business owners often operate with various informal agreements. However, we…
In addition to the nonprofit board members’ duties of care and loyalty, directors also have…
