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How "Apparent Authority" Can Bind You to a Contract

It is well understood that an agent may bind a principal to a contract. For example, if you own a business and authorize one of your employees to sign a contract, the company is liable for any obligations under the contract. If you then fail to perform, the other party may ...

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Blog posts in September, 2015

  • What Are a Buyer's Obligations Under an Asset Purchase Agreement?

    When acquiring a business through an asset purchase agreement, it is important to understand what specific obligations the buyer takes on from the ...

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  • What Happens if I Don't Get a Compensation Agreement in Writing?

    When it comes to any type of business contract, it is always best to get it in writing. New York, like many states, has a Statute of Frauds , which ...

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