Most commercial contracts work well until something unexpected happens. At that point, a handful of clauses tend to decide how the situation is resolved.
Payment and delivery
Check amounts, deadlines, invoicing steps and what happens when payment or delivery is late.
Liability and indemnities
Look at any limits on liability and who bears which risks. Broad indemnities deserve particular attention.
Termination
Understand how and when each party may end the agreement, and what consequences follow.
Governing law and disputes
Identify which law applies and how disputes will be resolved, whether through courts, arbitration or mediation.
If anything is unclear, seek advice before signing. This article is general information only and is not legal advice.
This article is general information only and is not legal advice. Laws change and every situation is different; please obtain advice on your specific circumstances.