In our series of articles on Arizona contract law, each article will focus on a single, commonplace contract clause, its purpose, and real world meaning. These often-used provisions, routinely included in contracts, are referred to as “boilerplate provisions,” and are seldom negotiated between the parties. They are sometimes given little thought at signing. However, these […]
Ideally, business would be done with a handshake in which all parties would be aware of the terms of the agreement, where the parties recognize the duties owed to one another, and where the parties would understand their legal rights under any possible scenario that might affect the contract. In the real world, however, business is not done with a handshake-it is done with a contract.
Separation of powers The doctrine of separation of powers is fundamental to the American system of government. It divides the various tasks of running the government among the three different branches and thus prevents any one of them from becoming too powerful. The legislature makes the laws, the executive enforces them and the judiciary settles […]