What Makes A Good Contract?

In general, a good contract is one that uses the right legal terminology to protect your interests, and enables you to enforce the contract and obtain adequate compensation if there is a breach by the other side.

The contract should also contemplate and try to prevent any likely issues, contingencies or areas of dispute that may arise.

As such, a contract should have clarity of terms and refrain from using ambiguity.

Are Oral Contracts Enforceable?

A contract may be made in written form, in oral form or be a hybrid i.e. part oral and part written.

Generally, both written and oral contracts are legally enforceable. It is always best, however,the agreed terms of the contract in writing in case there is subsequently some dispute between the parties. If the contract is oral, the parties to the contract may later remember different details about the contract terms or insist on their own version of the terms agreed, which would make it difficult to prove the exact agreed terms between the parties.

Common Commercial Agreements

Commercial Agreements cover a wide range and include:

  • Agency Agreements
  • Agreements for Sale of Business or Business Assets
  • Agreements For Supply Of Goods/Services
  • Distributorships or Dealer Agreements
  • Ecommerce Contracts
  • Employment Agreements
  • Equipment Hire or Leasing Agreements
  • Franchise or Licence Agreements
  • Joint Venture Agreements
  • Partnership Agreements
  • Shareholders Agreements
  • Standard Trading Terms and Conditions

How We Can Help You

With a portfolio of lawyers with vast areas of practice in different types of contractual agreements, Hoh Law Corporation is well position to:

  • Negotiate business and corporate contracts
  • Vet commercial and corporate contracts
  • Provide advice on commercial and corporate law matters
  • Draft contracts to prevent or resolve any disputes
  • Represent you in Court to advocate your claims
  • Please speak to us to find out how to resolve your contractual disputes.

WE ARE HERE TO HELP

As Singapore’s largest community law firm, HOH Law Corporation brings legal services to the masses and the ordinary man on the street. With island-wide offices and a team of committed legal professionals, our mission is to deliver affordable and quality legal services by dedicating our legal experiences and extensive resources to achieving the best outcome for every client.