Contracts generally may be oral or written. It is important that all agreements be clear and understandable to all parties concerned. A well-drafted legally binding contract document is essential to protect the interests of the signing parties to the contract. No individual should sign any document unless the meaning of the document is thoroughly understood.
Choosing a business name, trademark or domain name for a start-up? Buying or selling a business? Small business owners make many decisions with legal issues to consider.