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Business Law Basics
Recent Articles
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Bailment: What It Means Under the Law
by Brian Farkas, Attorney · Benjamin N. Cardozo School of Law
Bailment is the process of placing personal property or goods in the temporary custody or control of another. What are the legal obligations of being a bailee, and when should you give a bai ... Read more
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Assignment of a Contract Explained
by Glen Secor, Attorney · Suffolk University Law School
When you assign a contract, you transfer your rights and obligations to a third party. Learn how assignment works, including the rules on when it is and isn’t allowed. ... Read more
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Getting Out of a Contract
by Brian Farkas, Attorney · Benjamin N. Cardozo School of Law
Contracts are legally binding agreements. While you cannot get out of one simply because you have changed your mind, there are legally acceptable reasons to break a contract. ... Read more
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Contract Modification: How to Alter a Contract's Terms
by Christine Mathias, Attorney · Penn State Dickinson School of Law
When negotiating a contract, or after a contract has been signed, you may want to modify the terms. When can you alter a contract? ... Read more
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Contesting a Contract
by Brian Farkas, Attorney · Benjamin N. Cardozo School of Law
You've signed the contract--but are you really stuck with it? ... Read more