Everyone knows what a contract means. But what does a “non-binding contract” mean? Does it encompass, for example, a memorandum, meeting minutes, a document containing nonspecific points of consent in ...

Set aside contracts have two classifications, competitive and sole-source set-aside, which help small businesses to compete and win federal solicitations. I. Competitive set-aside Competitive ...

In the world of government contracting, small business owners and government contractors face a crucial decision when it comes to choosing the right contract type. Understanding the differences ...

More businesses are using automated “smart contracts” to handle transactions. Based on blockchain technology, these contracts execute automatically and are lauded as a way to efficiently digitize ...

When most people think of a contract, the first thing that comes to mind is some complex document containing legal terminology that is signed to memorialize the terms of an agreement. But the truth is ...

Jessica Gibson is a content update editor and writer for Investopedia. She has over 10 years of experience in digital publishing and three years of experience covering financial topics like insurance, ...

Peter Gratton, Ph.D., is a New Orleans-based editor and professor with over 20 years of experience in investing, economics, and public policy. Peter began covering markets at Multex (Reuters) and has ...

This past January, a pair of very public transfer disputes (both, coincidentally, involving highly rated quarterbacks) brought the growing tension between athlete autonomy and institutional interests ...

What's in a deal? Well when it comes to college football coaches, quite a bit. They're often among the highest paid employees in a given state and their contracts are lengthy documents that can easily ...

Christy Bieber has a JD from UCLA School of Law and began her career as a college instructor and textbook author. She has been writing full time for over a decade with a focus on making financial and ...

The Veterans Affairs Department has caused quite a stir with its Monday announcement that it has identified 585 contracts to cancel. Only 34 of those, or 6%, have appeared so far on the Department of ...