How important is it for you to put your contract in writing? Very important for some contracts. Section 2-201 of the Uniform Commercial Code, otherwise known as the Statute of Frauds, details what types of contracts must be in writing, or else they are null and void.
Nov. 4, 2021
Welcome to My Blog
I established this blog to share stories and information about topics relevant to my practice. My intent is to regularly provide posts highlighting legal issues of local, state and national interest that I think you will find interesting. Check back later for updates.
So, you’ve found a business you want to buy. You’ve decided it’s the right time, the right location, and the right price. Now what?
You enter into a contract with the intention of fulfilling your end of the bargain, and with the expectation that the other person will do the same. Right? So, what happens when they don’t?