Link of the Day: 10 Things Every Small Business Owner Should Know About Contract Law

From law firm Dinsmore & Shohl:

“The law of contracts has been developing since Adam and Eve made a deal to keep away from the apple tree in exchange for a rent-free stay in the Garden of Eden. Over the years, the rules of how and when contracts can be enforced have become more complicated, but contract law is not quantum physics, and, for most of you, it is probably far easier to grasp these basic rules than it is to figure out how to make your employees always show up on time or how to keep up with all the most recent software. If you can understand the 10 concepts described below, you won’t quite be ready to sit for the Bar Exam but you may save yourself some headaches and be able to recognize when you need some professional help to stay out of trouble…”

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