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Contracts 101 -While not maybe realizing it people enter into contracts all the time as a business person, a homeowner or a recent graduate who is renting. Whether at the office or at home, any time you or your company agree to take some action or make a payment in exchange for anything of value, a legal contract has been created. A few examples are bills of sale, employment agreements,…

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Civil Fraud

If you believe someone lied to you and took your money or other property, or you believe they did not tell you everything, you may have a civil fraud claim. Fraud is founded upon a misrepresentation of past or present fact that causes a person enter into a business transaction and that person suffers a loss. There are many definitions of fraud. The elements or actions common to most civil…

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What is Fiduciary Duty?

When you entrust someone to handle your money or your assets, that person will normally have a fiduciary duty in the handling of your money or assets. A fiduciary relationship is one of special trust and confidence between the parties. One example of a business relationship that may create a fiduciary duty is a financial advisor who is given authority to manage the funds, property or affairs of his client….

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Contracts with Cities 101

As a normal part of business a service provider, such as an IT professional or a vendor supplying coffee or coke machines will sign a year to year or a 3-5 year contract with a City. The contract will be signed by a City Officer such as the City Manager, City Administrator or even a Mayor. The service provider believes all is well and is happy to have a contract…

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