An oligopoly is a market structure where a few large firms dominate the industry. These firms have the power to influence the market by controlling prices and production levels. When these firms come to an agreement to set prices and production levels, it is known as price fixing. Price fixing is an anti-competitive practice…Read More »

Micro Focus Rumba License Agreement: All You Need to Know If you’re in the business of managing your organization’s mainframe systems, then you’re probably familiar with Micro Focus Rumba, a popular terminal emulation software. Rumba is designed to make mainframe access easy, efficient, and secure for everyone, from developers to end-users. To use Rumba,…Read More »

Safe Harbor Agreements with USFWS: What You Need to Know If you`re a landowner, developer, or manager, and you want to undertake activities that could impact endangered or threatened species, safe harbor agreements with the US Fish and Wildlife Service (USFWS) could be your solution. These agreements allow you to proceed with your activities…Read More »

As a professional, one of the most common questions I receive is “what does agreement term mean?” Agreement term refers to the length of time that a contract or agreement is valid for between two or more parties. It is an important aspect to consider when entering into any type of business arrangement, as…Read More »

In the world of legal documents, one phrase that frequently appears is “the agreement will terminate.” This phrase indicates that the contract is coming to an end, and all parties involved will no longer be bound by its terms and conditions. Terminating an agreement is often a natural part of the contract lifecycle, and…Read More »

Preferential trade agreements (PTAs) are becoming more common in today`s global economy. These agreements are designed to reduce tariffs and other trade barriers between two or more countries. While they can provide many benefits, some critics argue that PTAs contribute to discrimination, particularly against developing nations. The main criticism of PTAs is that they…Read More »

Identity Malta Lease Agreement: Everything You Need to Know Identity Malta is the agency responsible for the management of residency and citizenship applications in Malta. They offer various services, one of which is the Identity Malta Lease Agreement. This agreement is an important aspect of the residency and citizenship application process for non-EU nationals…Read More »

Assumption of Note Agreement: What You Need to Know Assumption of note agreement is a legal document that transfers the rights and obligations of a loan from one party to another. This may happen when the original borrower sells the collateral for the loan, such as a property or a car, and the buyer…Read More »

A coverholder agreement refers to a contract between two parties in the insurance industry. The parties involved are the insurance company and the coverholder. The insurance company delegates the responsibility of underwriting and issuing policies to the coverholder. This agreement is common in the London insurance market and is referred to as a binding…Read More »

When it comes to selling land, having a contract in place is crucial to ensure a smooth and fair transaction between the buyer and seller. A contract form for selling land should outline all the terms and conditions of the sale, including the purchase price, payment terms, property description, and closing date. In this…Read More »