Category Archives: Contracts/Business

What are the remedies and damages for a breach of contract?

The most prevalent remedy for a breach of contract is to require the party who breached the contract to pay damages to the non-breaching party, but there are other remedies/damages as well. Continue reading

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Are written contracts better than oral contracts?

Written contracts are preferred over oral contracts. Ohio law requires that certain types of contracts must be in writing. Continue reading

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How do written and oral contracts differ?

Although there are some important exceptions, if the basic elements are present, an oral contract is every bit as valid as a written contract and enforceable in the same way. Continue reading

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What is the difference between an express and implied contract?

A classic example of an implied contract is your legal obligation to pay the bill after you have gone to a restaurant and had a meal. There is no express contract, but the circumstances and conduct create a contractual obligation for you to pay for the food which you ordered. Continue reading

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What is a contract?

A contract is a legally binding agreement between two or more persons to do, or not to do, a particular thing. Continue reading

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