What is Assignment of Contract?
An assignment of contract is when one party to an agreement transfers its rights under that contract to a third party. The assigning party is the assignor. The party who receives the assignment is the assignee. The key is understanding what rights and obligations are included as part of the assignment. Assignments often arise in […]
Key Contract Clauses Every Business Should Know
From indemnification to dispute resolution, these are the contract clauses that every business owner needs to understand before signing on the dotted line.