Contracts form the basis of most agreements in business. Employment, major purchases, supply of goods and services are all covered by contracts.
Ensuring that contracts are clear and unambiguous is the first step in ensuring that your business is protected if something goes wrong. If agreed terms are not met, or a serious financial issue arises, a correctly drafted contract makes it easier for the injured party to seek redress.
Verbal contracts are also covered by the law, and terms of a contract can be expressed or implied. The many and varied facets of contractual law means that at some stage your business could become involved in a dispute.