Contract risks: getting it right

Contractual obligations

contract

The most important features of any contract are clarity and certainty. The contract should clearly set out the rights and obligations of each party and have adequate provisions in place for dealing with unlikely events.
There are a number of risks to consider when drafting and negotiating commercial contracts. The single biggest difficulty is lack of certainty, which can result in legal disputes and commercial paralysis. A common cause is the use of standard contracts. These can be problematic

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: