Tag: Contract Management

One of the most important phases in the lifespan of a contract is negotiation. At this point, the parties engage in conversation, negotiate key provisions of the contract, and ultimately come to an agreement that will benefit both parties in their business partnership. The parties also establish their responsibilities and make plans for any risks …

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The Sarbanes-Oxley Act, or SOX, was signed 20 years ago. After over 20 years, substantial financial and auditing standards for publicly traded firms have been established by this federal law, and for many businesses, compliance with SOX is not only required by law but also a smart move. Section 404 is one of the more …

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There are two categories of residential or commercial property: freehold properties and leasehold properties. Unlike leasehold property, which is typically leased for 99 years starting from the time the property is built, freehold property is self-explanatory—it is “free from hold” of any authority other than the owner for an endless period. Leasing is one way …

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