One of the most significant areas of business law involves contract disputes. Contracts are designed to hold two or more parties legally responsible for whatever terms are contained therein. However, when pieces of a contract are unclear, it may be necessary to involve lawyers to help interpret the legal implications of the language therein, and to renegotiate if necessary. It may also be necessary to involve an attorney when a breach of contract...
There’s a scene in The Office where Michael Scott is appalled at his intern, Ryan, for predicting in his class presentation that their paper company would be obsolete within five to ten years. Ryan insists that it wasn’t personal, to which Michael responds: “Business is always personal. It’s the most personal thing in the world.”In this respect, he’s not totally wrong. The interpersonal aspects of business relationships can be just as...