So you are buying a business – what do you need to do to assess the sense of buying that business? And what is due diligence? A brief, useful overview of what your thoughts should be.
There is no exact science to this and ultimately the value of a business is determined by what price a willing buyer will pay for it.
Goodwill is an intangible asset which consists of the goodwill in the custom and connection of the seller.
Agreements reached in mediation are enforceable as contracts if the requirements for a valid contract are satisfied. This means that parties following mediation will seek to formalise the terms of mediation as a contract.
Agreements reached in mediation are enforceable as contracts if the requirements for a valid contract are satisfied. This means that parties following mediation will seek to formalise the terms of mediation as a contract.
An unfair term contained within a contract is not binding on the consumer this is governed by the Unfair Terms in Consumer Contracts 1999 (the Act).
This is the third in a series of articles on contract law. The previous two have looked at the rules regarding offer and acceptance, this short note considers some of the problems associated with offer and acceptance.
The second in this series of articles on the basics of contract law looks at acceptance of an offer. We have already seen in the last article that in order for there to be a valid contract there must be a valid acceptance.
The second in this series of articles on the basics of contract law looks at acceptance of an offer. We have already seen in the last article that in order for there to be a valid contract there must be a valid acceptance.
This is the first in a series of articles explaining the basics of contract law. Contract law governs the regulation of trade take the following for example: “contract law has many ‘purposes’, but the central one is to support and to control the millions of agreements that collectively make up the ‘market economy'”.
