Three Contract Pointers

Three Contract Pointers Sorry, but there is no way around it—contracts or agreements are a necessary evil in the operation of your business. Contracts may be oral or written. A contract may be written on a cocktail napkin, a car’s bumper or on a piece of paper. What I...

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Subcontractor Payment Provisions

Subcontractor Payment Provisions

Subcontractor Payment Provisions If you regularly perform services as a general contractor or a subcontractor, then you should be aware of the recent Ohio Supreme Court ruling in the case of Transtar Electric, Inc. v. A.E.M. Electric Services Corp.  The court’s...

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Contracts And Liquidated Damages

Contracts And Liquidated Damages

Contracts And Liquidated Damages So you are reviewing a contract and you come across a provision relating to “liquidated damages.”  You ask yourself: “What in the world could that be?”  In a recent case decided by an Ohio Appellate Court, the court held that...

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Does The Way You Sign Your Name Matter?

Does The Way You Sign Your Name Matter?

Does The Way You Sign Your Name On A Contract Or Agreement Matter? Yes. If you are not careful, the way you sign your name could result in you being personally liable for the obligations set forth in the contract or agreement. The following example is helpful. You are...

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