Small businesses frequently enter into contracts with customers for the sale of products or services, with vendors for the supply of goods and with employees. Contracts must contain seven key elements ...

Robert Kelly is managing director of XTS Energy LLC, and has more than three decades of experience as a business executive. He is a professor of economics and has raised more than $4.5 billion in ...

A contract is an agreement between two parties that creates an obligation to perform (or not perform) a particular duty. A legally enforceable contract requires the following elements, all of which ...

It doesn't matter if it's typed or written by hand. Nor does it have to be any particular length. But for a business contract to be legally binding, it must contain six specific elements. As a ...