A standard sales contract obligates one party to purchase goods or services for a predetermined price established in the contract. Some sales contracts are ongoing and can include a buyout clause.

The Business Dictionary helps define a management contract. According to the Business Dictionary, a management contract is an "agreement between investors or owners of a project, and a management ...

When entering into arrangements with clients or engaging vendors, startup companies may be faced with a confusing array of contractual terms, including terms that reference various types of damages.

This article was published in the November 2017 issue of AGC Law in Brief (Volume 3, Issue 6), Practical Construction Law & Risk Issues. It is reprinted here with permission. Firm fixed-price ...