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The Impact of a Mistake on the Validity of a Contract

November 10, 2022 by Sandra Ighalo

The Impact of a Mistake on the Validity of a Contract

Will the Contract Still Be Enforceable If Either Party Relies on a Mistake? One of the requirements of a valid and enforceable contract is that there must be an agreement. That has commonly been construed to mean that there must be at least two ...

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Filed Under: Business Contracts Tagged With: The Impact of a Mistake on the Validity of a Contract

Happy Halloween!

October 31, 2022 by Sandra Ighalo

...

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Filed Under: Uncategorized

Business Contracts—When Do You Have Acceptance of an Offer?

September 7, 2022 by Sandra Ighalo

When Is an Acceptance Really a Counteroffer? What Is the Mailbox Rule? Does It Still Apply? The first requirement of a valid and enforceable contract is that there must be an agreement. To constitute an agreement, the exchange between the parties ...

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Filed Under: Business Contracts Tagged With: Business Contracts—When Do You Have Acceptance of an Offer?

Is an Oral Business Contract Enforceable?

July 5, 2022 by Sandra Ighalo

When Must a Business Contract Be in Writing to Be Valid? In business, it's common for most communications to be verbal—on the phone or even in person. Suppose you have a conversation with a customer, supplier or potential partner and you come to a ...

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Filed Under: Business Contracts Tagged With: Oral Business Contract Enforceable

We Mean BUSINESS

September 4, 2019 by Sandra Ighalo

We Mean BUSINESS

At MCIS Law, PLLC, in Stafford, we aggressively advocate for businesses and individuals in southeast Texas. For a confidential consultation with an experienced and knowledgeable lawyer, email us or call our office at (346) 297-0121. We accept all ...

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Filed Under: Business Law

Choosing a Name for Your Texas Limited Liability Company

August 22, 2019 by Sandra Ighalo

Complying with Texas Law in the Selection of Your Business Name If you're creating a new business entity in Texas and, after considering the different legal structures, you've decided to set up the enterprise as a limited liability company (LLC), ...

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Filed Under: Business Formation, Limited Liability Company Tagged With: Limited Liability Company

The Differences Between a Subchapter S and a Subchapter C Corporation

July 15, 2019 by Sandra Ighalo

S Corporations and C Corporations

Choosing the Right Corporate Form You're setting up a new business and you know you want to set up as a corporation. It's not that simple, though—there are two types of for-profits corporations from which to choose—Subchapter S and Subchapter C ...

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Filed Under: Business Formation

How To Set Up a Limited Liability Company in Texas

June 24, 2019 by Sandra Ighalo

LLC

The Steps for Protecting Your New Venture If you're planning to start a new business and you've decided that a limited liability company is the best legal form, you want to make certain you take right steps to set one up under Texas law. Here's a ...

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Filed Under: Choosing A Business Structure, Limited Liability Company

The Fiduciary Obligations of Officers and Directors

May 15, 2019 by Sandra Ighalo

Person signing legal paperwork

The Duties Inherent in the Corporate Business Form When you're planning on setting up a new business enterprise, the corporate form can be attractive. After all, it can shield your personal assets from liability for the obligations of the company. ...

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Filed Under: Business Law, Fiduciary Duties

Understanding the Durable Power of Attorney

March 14, 2019 by Sandra Ighalo

durable power of attorney

What It Is and How It Works If you've thought much about or talked with anyone regarding the preparation of an effective estate plan, you've likely heard the term "power of attorney." You may even be familiar with the term "durable power of ...

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Filed Under: Estate Plan

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10701 Corporate Dr. Ste 340-104,
Stafford, TX 77477

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