Many of these common FAQs about contracts have already been answered, but we have put together a list so you can easily get answers to your questions. 1. Must contracts be in writing? Section 2(h) of the Contracts Act, 1950 provides “an agreement enforceable by law is a contract”. A contract does not need to …
12 Frequently Asked Questions (FAQs) About Contracts in Malaysia Read More »
Licensing vs franchising in Malaysia; which one is best for you? If you are a business owner, we are sure you have heard of the terms ‘licence’ and ‘franchise’. However, how do these terms differ, and which business expansion method suits your specific circumstances? Undoubtedly, the matter of licensing vs franchising in Malaysia is pertinent …
Licensing vs Franchising Malaysia: What’s the Difference? Read More »
Setting up a joint venture in Malaysia with a trusted partner or partners can help you to achieve your goals and elevate your business status. After all, it is not an exaggeration to say that a collaborative mindset is one of the secrets to long-term business success. But how does a joint venture work? What …
Joint Venture in Malaysia: Plan A Strategic Business Arrangement Read More »
Understanding commercial tenancy agreement in Malaysia is compulsory to prevent and resolve future legal disputes. This is particularly significant, as commercial tenancy disputes can be tremendously time-consuming and costly for landlords and tenants. Moreover, commercial tenancy agreements are typically more complex than their residential counterparts. As such, having an in-depth understanding would help both parties …
An Introduction to Commercial Tenancy Agreement in Malaysia Read More »
eCommerce websites are a great way to sell products and services online. They allow customers to browse your website, add items to their shopping cart and check out if they want. However, you may also find yourself in situations where disputes arise between you and the customer. You cannot have an eCommerce website without terms …
7 Must Have Terms and Conditions for Your eCommerce Website Read More »
What is Buy Now Pay Later service? Buy Now Pay Later (BNPL) is a rapidly growing industry. If a customer is looking to buy a new smartphone, laptop or other items but does not have the budget at that time, BNPL is an increasingly popular option. BNPL is a type of loan in which a …
Contract Administration and Contract Management In a highly valued contract for services deal, the contract process may involve contract administrators and contract managers. Contract administrators are responsible for the planning, preparing and ensuring the contracts are executed, whilst contract managers perform tasks after the contracts are executed. Depending on an organization, one team could manage …
Contract Process And Benefits Of Contract Management In Malaysia Read More »
The matter of contractual obligations in Malaysia should not be taken for granted as it can make or break an agreement. Continue reading to understand the importance of contractual obligations and the consequences of failing to fulfil them. But First, What are Contractual Obligations in Malaysia? To put it simply, contractual obligations are the legal …
What You Must Know About Contractual Obligations in Malaysia Read More »
Where there is a signed written agreement between parties, the promises and obligations must be in the agreement without ambiguity. The “parol evidence” rule is used to exclude evidence that does not appear in the written agreement. The operation of this rule is not limited to excluding oral evidence but also excluding extrinsic matter in …
Rescission is one of the four types of remedies available for claim in the event of a fundamental breach aside from damages, specific performance, and injunction. Here, we provide a comprehensive guide on the rescission of contract in Malaysia. What is Rescission of Contract in Malaysia? Rescission is the abrogation or termination of a contract. …
An Informative Guide to Rescission of Contract in Malaysia Read More »
Level 15, DPulze Cyberjaya,
Lingkaran Cyber Point Timur,
Cyber 12, 63000 Cyberjaya,
Selangor Darul Ehsan, Malaysia
Level 15, DPulze Cyberjaya,
Lingkaran Cyber Point Timur,
Cyber 12, 63000 Cyberjaya,
Selangor Darul Ehsan