There's no reason why your agreements and contracts need to be filled with mind-bending legal gibberish. For most contracts, legalese is not essential or even helpful. On the contrary, the agreements you'll want to put into a written contract are best expressed in simple, everyday English.
Usually before you reach a business agreement, you'll need to negotiate. That is, sit down at the proverbial table -- with the other people or companies that are "parties" to the agreement -- and hammer out the details of the contract. If you're new at the game, or need a refresher, it's a good idea to review some of the tried-and-true negotiation strategies. This article summarizes 11 of the more common and popular contract negotiation tactics. Some of these may seem like commonsense (even obvious) strategies, but they're proven to work.
Under basic principles of contract law, consideration is the answer to the question, "Why are you entering this contract?" or "What are you receiving for being a party to this contract?" In order for any agreement to be deemed legally binding, it must include consideration on the part of every person or company that enters the contract. This article covers the basics of the consideration requirement, including real-world examples of consideration.
Contracts and Electronic Signatures Traditionally, parties doing business showed their intent to be bound by signing their names in wet ink at the end of a document. Any name, including a trade name or assumed name, and any word or mark used in lieu of a written signature was valid. A wet ink handwritten