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You may have heard the term “unfair prejudice”. You may be involved in a dispute with a fellow shareholder where this term has been mentioned. So what does it mean and in what circumstances does it apply? The conduct concerned is usually any matter that the board of directors deal with. Examples of prejudicial conduct include allotting new...
Read MoreGoethe may have said that "the dangers of life are infinite, and among them is safety", however this is not the case when it comes to the health, safety and well being of your employees and workers. The employees had no method statement to follow when they climbed onto the roof and there were no preventative measures in place to prevent a fall...
Read More“It’s how we’ve always done it”. “Nothing has ever gone wrong” “We just pick up the phone and get it agreed”. “It’s always been a gentleman’s agreement”. On this page, we will help dispel some of the myths in contract law in a way that will assist you in the day to day running of your
Read MoreThink twice before signing on the dotted line . . . In the turbulent aftermath of the Covid-19 pandemic, the business world is considering ways to ease recovery and steady the ship into more settled waters. Many businesses have coped with financial losses, a furloughed workforce, and the collapse of supply
Read MoreAre you aware of what a breach of contract is? A breach of contract could be anything from a late payment, to not supplying the goods as originally agreed in the contract. Once a breach is established, there are four classifications that it will fit under: · Minor
Read MoreHere is a quick look at boilerplate clauses, what they are and why we have them. Boilerplate clauses set out things like the duration of a contract, jurisdiction, how it should be interpreted if there is a disagreement about its terms, whether the benefit of the contract can be transferred to another party, and whether the contract includes all...
Read MoreA legally binding contract has four key elements: 1. An offer. 2. Acceptance of the offer. 3. Consideration.
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