For reasons that I do not understand, most contractors do not think of purchase orders as “contracts.” Often, they purchase equipment and materials for jobs using forms that look as if they bought ...

Convincing your employees to fill out extra paperwork when they need materials or supplies can be difficult, but putting a procurement system in place helps control costs and creates a paper trail ...

For many years, Michigan has consistently interpreted “blanket” purchase orders as binding requirements contracts that could bind suppliers (and buyers) for many years — frequently, for the life of a ...

Discover how a cross-purchase agreement protects businesses by allowing partners to buy a departing partner’s shares, ensuring smooth transitions and business continuity.