Concerns in the Terms: 5 Key Provisions in Terms and Conditions of Sale

more+
less-

Business moves at a fast pace. Business managers usually find themselves in a position of “getting a deal done,” often without regard to the potential liability or risk a particular transaction may pose to their company. Such an approach results in many business transactions being accomplished with a handshake, short email exchange, “memorandum of understanding” or other similar pseudo-contractual feature. While there are occasions where a “Master Agreement” or other type of major contract is necessary and fully negotiated between companies, most transactions in the course of business are simply subject to terms and conditions. This article discusses 5 key terms that sellers of goods should ensure appear in their terms and conditions.

LOADING PDF: If there are any problems, click here to download the file.

Published In: Business Organization Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Tron Ross, Apex Counsel, LLC | Attorney Advertising

Don't miss a thing! Build a custom news brief:

Read fresh new writing on compliance, cybersecurity, Dodd-Frank, whistleblowers, social media, hiring & firing, patent reform, the NLRB, Obamacare, the SEC…

…or whatever matters the most to you. Follow authors, firms, and topics on JD Supra.

Create your news brief now - it's free and easy »