How to Draft a Letter Agreement or an MOU

Does your situation require you to write up a simple contract, and you don't know where to start?

Contracts: The Basics

What goes into a legally binding agreement?

Contracts 101: Make a Legally Valid Contract

All you need is a clear agreement and mutual promises to exchange things of value.

Ten Tips for Making Solid Business Agreements and Contracts

Follow these guidelines to make an enforceable, plain-English business agreement or contract.

What Is an Assignment of Contract?

What happens when rights and duties under a contract are handed off to a third party?

What Constitutes Acceptance of a Contract Offer?

No contract exists until an offer is accepted. So what does "acceptance" mean?

Who Lacks the Capacity to Contract?

Certain people lack the legal ability to enter into a binding contract.

Common Boilerplate Provisions in Contracts

A look at some of the standardized language you'll find in many contracts.

Choice of Law Provisions in Contracts

Your contract can specify the governing law that will apply to disputes involving the agreement.

Time Is of the Essence Contract Provisions

What does a "time is of the essence" contract provision mean, and will it be enforced?

What Is a Bill of Sale?

A bill of sale is the contract that's used most often for a car or other goods are bought and sold.

Acquisition Agreements (for Sale of Business)

Tips on using an acquisition agreement when one business buys another.

Sample Confidentiality Agreement (NDA)

What does a typical confidentiality agreement look like? Here's a sample NDA.

Breach of Contract: Material Breach

How do you know whether your contract is "irreparably broken" in the eyes of the law?

Breach of Contract: Anticipatory Breach (Repudiation)

Contracts can be broken as soon as one party indicates that it can't -- or won't -- meet its obligations.

What is the UCC?

Here's some background on this very large collection of legal rules governing many important business and commercial activities.