Question
You may define your pizza business in a number of different ways. It may be: dine-in pizza business/pizza food truck/pizza retail store or pizza wholesale
You may define your pizza business in a number of different ways. It may be: dine-in pizza business/pizza food truck/pizza retail store or pizza wholesale business. However, you choose to conduct your business will most likely influence what your needs are as far as the types of necessary contracts.
You will need to prepare three of the following five types of contracts with specifics for your pizza business:
- Lease, Purchase or Mortgage for the Property-It must include all specifics such as cost, fees, interest and length of term. Yes, you must include identifying information for the other party.
- Sale or Lease for Equipment Used in Your Pizza Business-This must include details as to what the machine is and who is responsible for delivery, installation and maintenance of the equipment. Yes, you must include identifying information for the other party.
- Contract for sale of Goods used in the Pizza Business-This does not have to be for all products. It may be a food product such as cheese, beverages, and containers for transporting the pizza to customers or even table linens. Keep in mind that the contract should stipulate the quantity of goods, when they are delivered and who is paying for the delivery. Yes, you must include identifying information for the other party.
- Contract for Professional Services such as an attorney, an accountant, a bookkeeper, a marketing coordinator or an ecommerce director. Yes, you must include identifying information for the other party.
Each of the contracts must meet the elements of a contract- offer and acceptance, consideration, mutual assent, meeting of the minds, appropriate format, capacity, legality, and remedies for Breach of the contract including Alternate Dispute Resolution.
- Employee Contract
For all contracts: It may help to have greater specifics-
Requirements of the Semester Project for Business Law
Use NJ law and NJ Practice-If using another state's laws-must provide copies of the laws pertinent to that state.
Each of the three contracts must demonstrate the following:
Offer
Acceptance
Consideration
Legality
Clause about avoiding Mistakes or Undue Influence- Might be something about this document represents the complete agreement of the parties and both sides initial it.
Remedies for Breach including Liquidated Damages
Avoidance of torts-Most likely would be a clause about each side maintaining insurance and indemnifying the other party.
Discharge of obligations-is it upon delivery, upon completion or another marker for discharge?
Clause about products being safe for human food consumption whether it is a food product or one used to create a food product such as a stove or prep station.
If selecting a professional contract-proof that the person is licensed to complete the task such as is licensed to practice law or is a certified public accountant and dated with license expiration.
Clause about no criminal activity involved in this contract and the non-criminal party will not indemnify the wrongdoer.
You can copy many of the paragraphs and use them in your other contracts. Specifics about offer, consideration and acceptance will not be the same between the three contracts although the name and address of your pizza business will be the same.
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Answer Lease Agreement for the Property This Lease Agreement Agreement is entered into between Your Pizza Business Name located at Business Address hereinafter referred to as Tenant and Property Owner...Get Instant Access to Expert-Tailored Solutions
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