Legal Insights

What a breach!

Gordon Sewell, May 10 2024

Are 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

What is a "boilerplate" clause?

Gordon Sewell, May 10 2024

Here 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...

You cannot breach a "contract" that does not exist.

Gordon Sewell, May 10 2024

A legally binding contract has four key elements: 1. An offer. 2. Acceptance of the offer. 3. Consideration.