An agreement that puts a restraint on trade puts a restraint on the free market and can have negative implications for businesses and consumers alike. Restraints on trade can take many forms, including non-compete agreements, exclusive dealing arrangements, and price-fixing agreements. These agreements can limit competition and allow dominant...
A quitclaim deed or agreement, also known as a quitclaim, is a legal document used to transfer ownership of property. This type of document is often used in situations where only a partial interest in a property is being transferred, or where a property is being transferred between family...
When buying or selling a liquor store, it is essential to have a purchase agreement in place. This legal document outlines the terms and conditions of the sale, including the purchase price, payment terms, inventory, and any liabilities. A well-drafted liquor store purchase agreement not only protects the buyer...
Forward rate agreement equivalent, commonly referred to as FRA equivalent, is a significant financial tool used to manage interest rate risk. FRA equivalent is a derivative contract, representing the interest rate that will be applicable on loans or deposits that will come into effect on a future date. It...
If you are looking to buy a property, you may have come across the term “agreement in principle”. This is a statement from a mortgage lender, such as Barclays, that indicates they would be willing to lend you a certain amount of money to buy a property. However, if...
