Commercial Contracts
The term commercial law describes a wide body of laws that govern business transactions. The primary authority that governs commercial transactions is the Uniform Commercial Code (UCC). By definition, commercial contracts represent a combination of commercial and legal factors. For businesses and organizations, the key requirement is to ensure that the legal arrangements allow the full commercial benefits to be realized. This is FindLaw’s collection of Commercial Contracts articles, part of the Business Operations section of the Corporate Counsel Center. Law articles in this archive are predominantly written by lawyers for a professional audience seeking business solutions to legal issues. Start your free research with FindLaw.
Business Operations
Commercial Contracts Articles
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Statute Of Limitations In Case Filed Pursuant To The Texas Deceptive Trade Practices Act Was Tolled For 10 Years Under The “Discovery Rule”
In Salinas v. Gary Pools, Inc., __SW3rd__, 2000 WL 1344509 (4th Court of Appeals - San Antonio, September 20, 2000)., the Fourth Court of Appeals decided whether or not the discovery rule applied to tolling statute of limitations in a case alleging ...
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Staving Off the Millennium Bug: Issues for Lenders Raised by the Y2K Problem
The specter of a complete, world-wide halt to financial activity sounds like the plot of a less than promising spy thriller. However, several years ago information technology experts predicted something very similar would happen when the internal ...
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Structuring the Franchise Relationship
In the first of our two articles, we presented an overview of federal and state disclosure laws regulating the offer and sale of franchises. In the second article, we examined the risks in business relationships that the parties initially did not ...
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Sufficiency of Financing Statement
Value-Added Communications, Inc. v. CLC Equipment Co., 139 F.3d 543 (5th Cir. 5/6/98). SUFFICIENCY OF FINANCING STATEMENT. This case teaches an important lesson. If you draft a financing statements which is specific, be sure to include all of the ...
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Superior System Governance:* A New Approach to Structuring Successful Franchise Organizations
The business success of a franchise-based business enterprise depends on many independent variables.1 One of the factors that has received surprisingly little attention despite its growing importance is the manner in which important system decisions ...
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Taking Advantage of Reverse Like-Kind Exchanges
The Internal Revenue Service has finally provided a safe harbor for a reverse like-kind exchange. A reverse exchange describes a transaction in which the taxpayer directly or indirectly acquires the replacement property before disposing of the ...
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Tax Treatment of Year 2000 Costs
On November 10, 1997, the Internal Revenue Service released Revenue Procedure 97-50, in which the IRS set forth its views as to the proper tax treatment of expenses paid or incurred to modify computer software to avoid the so-called "year 2000 ...
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Ten Steps To A Successful Mediation
There is no question that as mediation becomes an ever more popular method of resolving disputes, many attorneys, as well as their clients, find themselves unsure as to how to best use this process to obtain a settlement of a dispute in which they ...
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Tennessee Consumer Protection Act
Following its implicit holding in Morris v. Mack's Used Cars, 824 S.W.2d 538 (Tenn. 1992), the Supreme Court has ruled that the Tennessee Consumer Protection Act applies to insurance companies, and that consumers are not limited to the remedies ...
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Thanks, Boss. Goodbye!
Have you ever considered what effect the loss of a key employee to a competitor might have on your business. Don't think it will happen to your company? Think again. It will. Gone are the days when an employee hires in with a company and remains to ...
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