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Is a Verbal Contract Binding in the State of Michigan

Is a Verbal Contract Binding in the State of Michigan

Verbal contracts, also known as oral contracts, are agreements between two or more parties that are not in writing but are agreed upon through spoken communication. These types of contracts are often made in everyday situations, such as purchasing a used car from a...

Breaking a Contract: How Deep in Trouble Are You

Breaking a Contract: How Deep in Trouble Are You

A contract is a legally enforceable agreement between two or more parties. When entering into a contract, the parties involved are legally obligated to fulfill their end of the bargain. However, when one party fails to do so, it can result in the termination of the...

Attorney vs. Lawyer: Muskegon Attorney Answers

Attorney vs. Lawyer: Muskegon Attorney Answers

Legal terminology can be confusing, and it's not uncommon to hear people use the terms "lawyer" and "attorney" interchangeably. However, there is a difference between these two terms. In this article, our Muskegon business attorney will elaborate on the difference...

Commercial Lease Lawyer: Why You Need One

Commercial Lease Lawyer: Why You Need One

Many entrepreneurs prefer renting a commercial property to operate their businesses because they require less capital than buying it. A commercial lease is a common type of lease typically employed by landlords to rent out a property intended for business purposes,...

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Understanding the Michigan Statute of Frauds in Real Estate

Have you ever wondered why buying or selling property involves signing so many documents? It's not just bureaucracy at work. The Michigan Statute of Frauds plays a crucial role in real estate transactions, designed to safeguard the interests of both buyers and...

How to Avoid Piercing the Corporate Veil in the Age of LLCs

Starting a business is an exciting venture, filled with both opportunities and challenges, but it's essential to consider the appropriate business structure that best suits your needs. Limited Liability Companies (LLCs) have gained popularity among business owners due...

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Muskegon Business Law Attorneys of David T. Bowen, P.C. and Jonathan R. Hoogstra pursue cases of Business Law, Real Estate, and Estate Planning in Muskegon Michigan

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