1-28-20 - GLENDALE - Basic Contract Law for Small Business (C0009)

Whether business owners know it or not, the day-to-day conduct of every business is governed by dozens of contracts. Some are written, others oral; some are complex, others not. Nonetheless, contracts — promises given in exchange for other promises, to act in a certain way, or to pay money — order the day-to-day world of business.