5 Tips for a Fair Business Contract Agreement
“When business deals are concluded verbally or with a gentleman’s agreement solely, the results can later on be very detrimental. Oral agreements are inadmissible in the court of law and if you happen to be ripped off by a business associate, the chances are slim to win that case. Therefore, drafting a business agreement and documenting it is very important to secure the deal that you will be conducting.” advises Margaret Francis in the Southeast Missourian’s Career Advice.
“To clearly state each party’s rights and obligations, you need to draft an agreement that will be agreed upon by all stakeholders. However, drafting a business deal contract agreement can be tricky, especially if you don’t have a lawyer on your side.”
Read the top 5 tips for a fair business contract agreement.
