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Contract Disputes Archives

When might a contract be unenforceable?

Contracts are necessary to detail how a business arrangement will be conducted and completed. It is also important to have contracts in case there are any issues about which the participants disagree. A contract dispute can take up significant time and money in settling it. With that, it is important to know under which circumstances a contract might be unenforceable.

What is a cost-plus-fee contract in construction?

New Jersey has a great deal of construction underway and the agreement between the property owner and the contractor can be a complicated matter. It is inevitable that a contract dispute will sometimes arise and make it possible that litigation is necessary. When a construction developer comes to an agreement on a project, there are two different types of contracts that are generally in place for it. They are lump-sum contracts and cost-plus-fee contracts. This post will center on cost-plus-fee contracts.

What are the different contracts for builders and construction?

When there is a construction project in New Jersey, there should be a contract to list the expectations. This is true whether it is a public or private project; large, medium or small. Understanding the different types of construction contracts available is essential. This is because if there is a breach of contract or if litigation is necessary, the contract itself will be imperative to settling the matter.

Make sure you're in compliance with business transactional law

For most businesses in New Jersey, the main goal of the company is to keep customers happy and earn a profit. These are the basics but, as many of our readers know, this can be "easier said than done." Many companies in New Jersey will run into legal problems that can complicate the efforts to achieve these basic goals at times, making it supremely important to make sure that they are in compliance with business transactional law.

Moorestown attorneys can help businesses with their legal needs

Business owners in Moorestown are often able to successfully adapt to an ever-changing business climate. They can manage their business, strategize effectively and take on new business opportunities. They are experts in their field and often experience great success.

Breach of contract remedies beyond monetary damages

Contracts often form the backbone of many business transactions in Moorestown. Some are simple, others complex, but what they all have in common is that both parties expect that they will be dutifully honored. Unfortunately, this does not always happen. One party will fail to live up to their part of the deal, resulting in a breach of contract.

Avoid contract disputes by notarizing contracts

Contracts are a mainstay of business dealings in Moorestown. However, no matter how thoroughly they are negotiated and how carefully they are drafted, contract disputes may still arise. Parties may disagree on what their duties are under the contract or how to execute them. Costs may go above what was agreed upon or deadlines may be missed. Unfortunately, in the end it may be inevitable that sooner or later a contract dispute will arise.

The difference between a material and minor breach of contract

When two parties in Moorestown enter into a contract, they do so anticipating that they will each see the fruits of the contract once the performance of the contract is completed. However, things do not always proceed so neatly. Sometimes a contract is broken or "breached." In general, a breach of contract can be either material or minor.

What are the main remedies if a business contract is breached?

When there is a breach of contract in Moorestown, the injured party may have various remedies available. In general, the three basic types of remedies that may be available if a business contract is breached are damages, specific performance or cancellation and restitution. This post is going to focus on damages.

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