Small business shareholders or guarantors can appoint or remove a company director by members at any time, providing such actions do not more…
Both businesses and individuals enter into contracts every day, both verbally and in writing. Unfortunately, a number of these contracts will end up being breached and often, both parties to the contract will blame each other and a dispute arises.
Verbal vs. written
If the contract has been entered into verbally, it is likely there will be a difference of opinion as to what the terms of the contract were. Parties will need to collate supporting evidence to convince a judge that their version of events is true.
The fact that there was a written contract does not prevent there being any issues in dispute. There are several factors that you will need to consider. Common examples of these include:
- Whether there were any agreed variations to the contract
- Whether there were any unwritten terms of the contracts
- Whether there were any variations to the contract that have been accepted by conduct
Contract disputes can be complex, time-consuming and costly. This can have a detrimental impact on either a person or a business. It is advisable to seek advice early on the terms of the contract and your entitlement to any damages prior to attempting to reach an early settlement.