Ohio businesses who regularly make contractual agreements with other entities know that careful development of these agreement is essential. The exact verbiage in a contract can make a big difference down the road if a conflict between the two parties ever ensues.
What are statutes of limitations for breach of contract?
Regardless of industry or company size, Ohio companies routinely enter into contracts in the course of conducting their business. These contracts may be with suppliers, vendors or customers and clients. Entering into these contracts also means that some of the time, conflicts may develop. When that happens it is important for business owners and contract participants to know what they can or should do.
