Business · 7 min read
Ten clauses worth reading twice in any contract
The provisions that decide what happens when a deal goes wrong, and why they deserve as much attention as the price.
Scope and deliverables
Most disputes begin with disagreement about what was actually promised. Vague deliverables invite conflict; specific ones prevent it.
Payment and termination
Look at when money is due, what triggers late fees, whether either side can walk away, and how much notice is required.
Liability and indemnity
Caps on liability and indemnity obligations decide who carries the financial risk of a failure. These clauses are frequently more valuable than the headline price.
Dispute resolution and governing law
A clause naming a distant forum or mandatory arbitration can change the practical cost of enforcing your rights. Confirm the venue, the governing law, and whether fees can be recovered.
This article is general information only and is not legal advice. Reading it does not create an attorney-client relationship.