Ted Sclavos

A purchase agreement is a contract generally used in transactions where the buyer is purchasing goods instead of services. This type of contract is most common in complex and expensive transactions, such as purchasing real estate or large, specialized equipment.

An invoice is a written document that lists and itemizes goods and services provided to the recipient. It briefly describes the transactions completed, the associated cost of each of these transactions, and the terms of payment requested by the party who completed them.

A partnership agreement is a document that dictates how two or more parties will work together in a business relationship. The agreement lays out each partner’s responsibilities in the business on a day-to-day basis and in the long-term.

A memorandum of understanding (MOU) is valuable for establishing mutual agreements between parties. It clearly outlines how parties will work together and define responsibilities and expectations.

The W-9 form is also known as a Request for Taxpayer Identification Number and Certification form. It is a type of IRS form used by businesses to collect tax information including the person’s name, address, and taxpayer identification number (TIN).

An affidavit is a written statement in which the signer or "affiant" verifies that the document is true. They differ from sworn oaths only in that the relevant parties must sign them instead of swearing them out loud.