Baines Explains

Baines Explains: The importance of commercial contracts

Many business owners expose their business to unnecessary risk because they don’t have well-drafted written contracts and terms and conditions, or they fail to read contracts issued to them before they sign.

Jennifer Bell, partner in corporate and commercial law at Baines Wilson, explains how contracts can minimise disputes, aid enforcement and manage customers’ expectations.

Jennifer considers the key clauses you need to look out for when a commercial contract lands on your desk and looks at the safety net clauses you might want to include in contracts to minimise risk to your business.

     

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