Aha! Hollywood gets it…make sure that you do, too! What is the real moral of the movie “The Social Network”? That you should always have an attorney review any contract you sign before you sign it. You will not regret it. Congratulations to “The Social Network” for its Academy Award nomination for best picture, and […]
In order for a contract to be legally enforceable, there must be some sort of legitimate consideration. What is “consideration”? Consideration is a bargained-for change in legal position between the parties. Basically, two elements must be present for a valid contract to exist. First, there must be a bargained-for exchange between the parties. And second, […]
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