A standard sales contract obligates one party to purchase goods or services for a predetermined price established in the contract. Some sales contracts are ongoing and can include a buyout clause.

Breach of contract on sales of goods can only occur if the sale involves a legally binding purchase contract between a buyer and a seller. Purchase agreements can be absolute or conditional, meaning ...

For many people, it can be hard to put concepts into action and understand theoretical discussions in a tangible way. As a continuation of Part 1 of The Art of NFL Contracts, it is time to put those ...

I have the dubious distinction of summing up the integration industry’s struggle to earn revenue through service (as opposed to products) with one awkward on-stage exchange. I had asked the panel and ...

Clay Halton was a Business Editor at Investopedia and has been working in the finance publishing field for more than five years. He also writes and edits personal finance content, with a focus on ...

Beware the fine print is the oft-repeated expression heard in almost any deal or contract negotiation. It’s good advice that too often is ignored in daily life and job situations—especially among ...