Discover what implied contract terms are, their benefits, and how they arise, helping you navigate incomplete contracts while minimizing transaction costs and disputes.

What is a forward contract? A forward contract is an agreement between two parties to buy or sell an asset at a specified price on a predefined expiry date. Both parties have an obligation to fulfil ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Erika Rasure is globally-recognized as a ...

You don't have to look far and wide to see that the internet teems with outlets for people to write scathing reviews of their employers, both current and former. Employers can respond, of course, but ...

When you negotiate services with a client or supplier, the process can take time and culminate in a contract that spells out the obligations and requirements of all signatories. If both parties ...

An application on Ethereum, Solana or other programmable blockchain. Smart contracts mostly govern financial arrangements; for example, they enable new cryptocurrencies to be established, and they ...