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Exemption clause
Contracts
May 2, 20240Comments

What is an Exemption clause in contracts

Contracts produce obligations and, by extension, they also produce liabilities when those obligations aren’t fulfilled. There are cases where you are exempt from certain liabilities due to the inclusion of exemption
by Ndukwu Daniel
Business associate agreement
Contracts
April 29, 20240Comments

Business associate agreement: Understanding the BAA

There’s a piece of legislation known as HIPAA that impacts the healthcare industry and everyone who works with providers or practitioners. Without going too deep into what HIPAA is, even vendors
by Ndukwu Daniel
Contingent contract
Contracts
April 25, 20240Comments

Breakdown of what a Contingent contract is and how they’re used

It’s not uncommon to make backup plans that don’t go into effect unless certain conditions are met. That’s the core function of a contingent contract. It leaves the doors to multiple
by Ndukwu Daniel
Contract dispute
Contracts
April 22, 20240Comments

Contract Dispute: Understanding, Managing, and Resolving Conflict

Unfortunately, despite our best efforts, a contract dispute or two will happen. This is even more likely the more successful you become. What’s important is how you approach and handle the
by Ndukwu Daniel
ratified contract
Contracts
April 18, 20240Comments

Understanding Ratified Contracts: When and How to Use Them

As your time becomes more precious or your organization grows, you won’t be able to do everything yourself Instead, you’ll need to use agents to work on your behalf. These agents
by Ndukwu Daniel
hyper digitalization
Digital work
April 15, 20240Comments

What is hyper digitalization and its impact on different industries

Going digital is the current trend. Every industry has some form of technology that’s helping them better service customers and become more efficient. Hyper digitalization is the next step in that process. In
by Ndukwu Daniel
implied contract
Contracts
Uncategorized
April 11, 20240Comments

What is an implied contract: Definition, use cases, examples, and more

In law, there’s an interesting thing called an implied contract. Depending on the intent (or lack thereof) of parties involved in certain transactions, a contract can be inferred to exist. This can
by Ndukwu Daniel
Digital work
process optimization
April 8, 20240Comments

CPQ (Configure, price, quote) explained

Sales can be complex – especially if you have a large product line. This is where CPQ and other tools come in handy. They make it possible to quickly spin up
by Ndukwu Daniel
contract liability
Contracts
April 4, 20240Comments

Contract liability 101: What you need to know

Contracts are the basic unit of how we do business and enter into agreements between individuals. Without contracts, much of the commerce in the world would grind to a halt. But
by Ndukwu Daniel
Quasi contract
Contracts
April 1, 20240Comments

Quasi contract (implied contract): What it is and how it works

Generally speaking, unless you have a written agreement, you’re not contractually obligated to another party even if you or they do work or perform services. There is an exception to this
by Ndukwu Daniel
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