Canceling a Car Lease Agreement: What You Need to Know Leasing a car can be a great option for those who don’t want to commit to buying a car, but sometimes circumstances change and you may need to cancel your lease agreement. Canceling a lease agreement can be a bit...
What Type of Authority Does a Contracting Officer Have
When it comes to government contracts, the contracting officer is the ultimate authority. This individual is responsible for overseeing every aspect of the contracting process, from soliciting bids to awarding the contract and ensuring that it is executed according to the terms and conditions agreed upon. The contracting officer is...
License Agreement Right of First Refusal
A right of first refusal (ROFR) is a provision in a license agreement that grants one party the right to acquire a specific asset before the asset can be sold to a third party. Essentially, this gives the party with the ROFR the chance to meet any offer made by...