Month: December 2022

When it comes to legal contracts, one of the most important aspects to consider is the capacity of the parties involved. Capacity refers to a person`s ability to enter into a legally binding agreement, and it can have significant implications for the validity and enforceability of a contract. In…

When starting a business as a sole proprietor in Washington state, it may be beneficial to form a single member LLC (Limited Liability Company). This type of legal entity offers several advantages, such as personal asset protection and flexibility in managing the business. However, it is important to have…

When it comes to buying or selling a property, an unconditional exchange of contracts is a significant milestone in the process. But what does it really mean, and why is it so important? Firstly, let`s define what we mean by an unconditional exchange of contracts. Simply put, it`s the…

Shipbuilding Capability Preservation Agreement: An Overview The global shipbuilding industry has faced significant challenges in recent years, including economic downturns and increasing competition from low-cost shipbuilders in Asia. The shipbuilding industry is crucial to many economies, creating jobs and driving economic growth. To address these challenges, shipbuilding nations have…

Fixed Term Employment Contract: Everything You Need to Know in Hong Kong Fixed term employment contracts have become increasingly common in Hong Kong over the last decade. They offer employers flexibility in terms of staffing, while providing employees with job security for a fixed period of time. If you…