Reading Time: 7 minutesEver seen a shopping mall, or a hospital, or a school, and wondered how an empty piece of land came to house an entire building? Behind the scenes of the buildings that we see in every day life lies a complicated process of construction – from designing, to bidding, and finally, to building. There […]
Reading Time: 7 minutesIn some circumstances, a contract can be nullified. In general, for a contract to be considered legally binding, it should fulfil four key characteristics: A clear agreement between all the relevant parties on what is offered, and a clear acceptance of the offer; Consideration – i.e. something of value that is given in exchange for […]
Reading Time: 7 minutesIntroduction: Why do administrative contracts matter? In countries with a Dual Court System (e.g. France, Germany and Thailand) the type of courts are divided into: (1) the court which has the competent jurisdiction over disputes arising out of private matters and (2) the court which has the competent jurisdiction over disputes arising out of public […]
Reading Time: 4 minutesEvery legal contract or agreement is different. But the general structure of most contracts is the same. I’ve come up with a General Contract Drafting Questionnaire to help people think about what to specify in their contracts. The general questionnaire structure is below. If you want to provide me with your questionnaire response for me […]
Reading Time: 3 minutesSmart contracts are described as self-executing: how they are formed is how they will be performed. This is why some of us see no (or at least less) room for legal dispute over them. It shouldn’t be this way. Where it’s efficient, it should be possible to breach a smart contract. Even though this may […]
Reading Time: 7 minutesThere are plenty of agreements that you may make throughout your lifetime. But if the party with whom you form the agreement does not fulfill his/her obligations, or fulfills them in an unsatisfactory manner, does the law afford you any recourse? It depends – is there even a contract in the first place? Contracts are […]
Reading Time: 7 minutesFood – a part of Singapore’s DNA Singaporeans have always had a love affair with food. One of the favourite pastimes of Singaporeans is seeking out and dining at new and exciting establishments. We are home to a plethora of cuisines, with authentic Indian, Chinese, Malaysian, Thai, Indonesian and other South East Asian eateries aplenty. […]
Reading Time: 5 minutesAn agreement isn’t valid until someone else agrees to it! A contract is needed to enforce the terms of an agreement between two or more parties, and to compel the other party to uphold their end of the bargain. In general, for a contract to be considered legally binding, four key elements should be present: […]
Reading Time: 6 minutesWhat is an employment contract? An employment contract is a legally binding document between your employer and you. Also known as a ‘Contract of Service’, it governs your relationship with your employer, and where applicable, the Employment Act sets out your basic terms and conditions of employment, as well as the rights and responsibilities of employer […]
Reading Time: 6 minutesShareholder’s Agreement is an important starting point for many startups and SMEs Many people decide to go into business at some point in their lives. The number of startups continue to burgeon the world over. Small and medium enterprises (SMEs) make up 99% of all Singapore’s enterprises and account for about half of Singapore’s GDP. […]
Reading Time: 6 minutesYou run a business or are self-employed. You just closed a deal with a customer. You need to whip up a contract to seal the deal. You also need to tie-up with a supplier to cater to this deal you just made with your customer. Now you are wondering how best you can bind both […]
Reading Time: 6 minutesThe nature of distribution Distribution is an arrangement through which the distributor buys goods from a manufacturer or wholesaler and resells them on its own behalf. This is a common relationship in business and warrants some examination if you are either a distributor, manufacturer or wholesaler. Distribution differs from a mere re-sale In a mere […]
