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breach of contract

Contracting party's actual failure or refusal to perform (or a clear indication of its intentions to not perform) its obligations under the contract. A breach could be effected by (1) repudiation of obligations before the beginning of the contract, (2) repudiation of obligations before its completion, or (3) a conduct ... more

Affected vs. Effected

Affected and effected are two words that are commonly confused in writing, while their meanings are related they are very different. We want to make sure we're always communicating effectively so ... Read Full Article

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Ideal Opportunities for Entrepreneurs

by Tom Murcko

What type of opportunities should entrepreneurs favor? All other things being equal, they should favor ones which have low capital requirements, a high margin for error, significant potential payoffs, low exit costs, and the possibility of an exit strategy at some point. ...Read more

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