Publications for Michael C. Zahrt

On Thursday the U.S. Senate passed the Paycheck Protection Program Flexibility Act of 2020 (the “Act”), and the president is expected to sign it into law. The Act loosens several of the Paycheck Protection Program’s requirements. PPP borrowers now have significantly longer to spend loan proceeds, rehire employees, and restore their wages to avoid reductions to loan forgiveness.

Did you know you can form a valid contract for the sale of goods without ever discussing the price?

A “firm offer" is an offer to buy or sell goods at a certain price that is guaranteed not to change for a certain period of time.

In our last installment of the UCC Corner, we questioned whether parties can form binding contracts if many of the terms of their written communications are inconsistent. We learned that the answer to that question is generally “yes.”

Will your standard terms and conditions win in a battle of forms? Do you have standard terms and conditions at all?

A good warranty can also be good advertising, and the difference between customers buying your product or your competitor’s may come down to who has the better warranty. It can be tempting to give your warranty a label that sounds better than your competitors, but did you know that how you label your warranties is governed by federal law?