You know that most contracts don’t have to be in writing to be legal. But does anyone ever sue over broken verbal agreements? Is it safe to make non-written deals, knowing that you can back out later
without a problem?
Published 12.10.2005
A new customer placed an order with you worth nearly £5,000. Your company did the work as requested and had the goods ready on time. When he came to collect them he said he could only afford to pay
£3,000. What are your options?
Published 26.10.2005
A fellow director placed an order which he thought had been accepted. But the seller has rung back to say the deal is off because they’d misquoted the price. Where does this leave the company and
what can it do, if anything?
Published 08.10.2008
You are the director tasked with handling a new IT contract for the company. The supplier has given you their contract which says that you can’t rely on any pre-contract discussions. But what if
things go wrong, surely this can’t be right?
Published 31.03.2010
A start-up business has asked if you will contract with them in your personal capacity, rather than through your company. You’re reluctant to turn away business but are there any risks if you agree
to this?
Published 25.04.2013
There are rules that govern the use of so-called auto-renewal contracts yet they are still costing small businesses millions of pounds every year. Do you need to pay closer attention?
Published 05.03.2018
A company you’ve not heard of before is offering your business a great deal on the supply of certain products. Before saying “yes”, you’ll want to be sure that they are genuine. How do you do this?
Published 15.09.2016
It’s your job to negotiate new contracts on behalf of the company. In an ideal world you wouldn’t start work until the ink’s dry on the contract. But from a commercial perspective is it safe to rely
on e.g., letters of intent?
Published 31.01.2007
If you bring in outside help to complete work for one of your customers and something goes wrong, who will be in the firing line? And what steps can you take to protect yourself?
Published 19.01.2010
In a recent case, two small companies were each represented by lawyers during a dispute. The issue was whether a telephone conversation between the respective managing directors had settled the
matter. What was the outcome?
Published 03.02.2012