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General contractor A general contractor is a group or individual that contracts with another organization or individual (the owner) for the construction or renovation of a building, road or other structure. A general contractor is defined as such if it is the signatory as the builder of the prime construction contract for the project. A […]

Claims involving breaches of confidentiality, non-disclosure and trade secrets Breach of confidence The tort of breach of confidence, is a common law tort that protects private information that is conveyed in confidence. A claim for breach of confidence typically requires the information to be of a confidential nature, which was communicated in confidence, and was […]

To win a lawsuit for breach of contract, you typically have to prove three things: You need to prove that the contract existed; You need to prove that the contract was broken; and You need to prove that you suffered a material loss as a result of the broken contract. Here are a couple of […]

When does a breach of contract occur? If one side fails to stick to her/her/its part of the bargain, there is a breach. A breach occurs when: one party to a contract makes it impossible for the other parties to the contract to perform; a party to the contract does something against the intent of […]

Investment Dictionary: Rescission The right of an individual involved within a contract to return to the identical state as before they entered into the agreement, due to courts not recognizing the contract as legally binding. Investopedia Says: This is an important factor in the business world, as contracts are commonplace. Should a contract not be […]

Competition law, known in the United States as antitrust law, has three main elements: prohibiting agreements or practices that restrict free trading and competition between business entities. This includes in particular the repression of cartels. banning abusive behaviour by a firm dominating a market, or anti-competitive practices that tend to lead to such a dominant […]