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Employment-Related Contracts




Sales-related Contracts

General Business Contracts

Employment-Related Contracts

Sales-Related Contracts

Leases

KINDS OF BUSINESS CONTRACTS

Contracts are legally binding agreements that are an important part of doing business. Although the kinds of business contracts are numerous, they are typically divided into four categories: leases, sales-related agreements, employment-related agreements and general business contracts.

The two types of leases are real property leases and equipment leases. Real property leases, sometimes called commercial leases, involve renting buildings, land or other space. Among the considerations for a commercial lease are defining the premises, defining how you can use the leased space, whether you or the landlord pays for alterations and improvements (and what you are allowed to change) and all monetary issues. An equipment lease might involve anything from renting a copier to a fleet of construction equipment.

A bill of sale legally transfers the title of property and is most commonly used for items such as cars and boats. An agreement for the sale of goods provides specific information about the goods or services being sold. A purchase order details the exact goods or services being purchased. Warranties are legal guarantees about goods or services sold. When a business sells good to a buyer paying in installments, a security agreement gives the business the right to repossess the goods if the buyer doesn't make payments.

Businesses may have contracts with their employees, such as an employment agreement, employment separation agreement, employee noncompete agreement or confidentiality agreement. For non-employees providing services, a business may have an independent contractor agreement or consulting agreement.

Contracts are available for almost any type of business arrangement. For example, someone who buys a franchise will enter into a franchise agreement with the home office. Businesses that decide to work together or pool resources on a project will have a partnership agreement or joint-venture agreement. With an indemnity agreement, one party agrees to protect the other party against specified future claims or losses. When doing business, the general rule to remember is, if something is not in writing, it's usually not legally enforceable.


§ Bill of Sale

§ Agreement for the Sale of Goods

§ Purchase Order

§ Warranty

§ Limited Warranty

§ Security Agreement



§ Employment Agreement

§ Employee Noncompete Agreement

§ Independent Contractor Agreement

§ Consulting Agreement

§ Distributor Agreement

§ Sales Representative Agreement

§ Confidentiality Agreement

§ Reciprocal Nondisclosure Agreement

§ Employment Separation Agreement





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