When should I use a written contract?
October 6, 2023Why are contracts relevant to my business?
October 6, 2023Contracts can be formed in a variety of ways depending on the facts and circumstances. They can be formed by oral agreement, commencing performance, written agreement, and electronically via a manifestation of assent. The sequence of events leading to the formation of a contract generally includes an offer, an acceptance of the offer, an exchange of consideration or something of value between the parties, and a lawful purpose.
