A Practical Guide to Documenting your Contract
A lady once took to social media to call out [...]
ADVANTAGES OF CONVERTING YOUR REGISTERED BUSINESS NAME TO A PRIVATE LIMITED LIABILITY COMPANY
Has your registered business started doing well? Has the business started growing to the point that you may need to expand your business objects? Are the
POWER OF ATTORNEY
A power of attorney is a legal document giving someone a written permission to represent or act on behalf of another person in that person’s
6 THINGS TO LOOK OUT FOR IN A TENANCY AGREEMENT
Before you sign the dotted lines renting that posh flat or new accommodation, here are a few things you should check out in the tenancy agreement.
WHY YOU SHOULD HAVE A WRITTEN CONTRACT
A contract can simply be defined as a promise or a set of promises made between two parties the law will enforce. It should be noted,
JOINT VENTURES
There are a few adages that come to mind when thinking about joint ventures. “Two heads are better than one!”,
USE OF A POWER OF ATTORNEY
The principal who creates the power of attorney is the one who determines the amount of power he wants to give to the agent. He can choose to give him
THE LEGAL IMPLICATION OF EXCLUSION AND LIMITATION CLAUSES
Exclusion or Exemption clauses and Limitation clauses are clauses usually found in contracts, which sometimes constitute a term of the contract.
THE HIRE PURCHASE CONTRACT
A Hire Purchase Agreement is a form of contract of hire with an option to purchase. The owner of a property lets it out on hire and undertakes to sell it to the hirer or that it shall become the property of the hirer conditionally on his making a certain number of payments. However, until the last payment has been made, the hirer does not own the property.
BEFORE YOU SIGN THAT GUARANTEE CONTRACT
A guarantee contract is a tripartite agreement between a creditor (the person lending the money/Lender), the borrower and a third person known as the guarantor, wherein the guarantor gives a solemn promise that he would repay the loan or money given to the borrower by the lender when the borrower defaults in the repayment of the loan, or if the borrower is unable to pay.