Importance of Reviewing Business and Commercial Contracts
We always ask people this question when they query the need for terms and conditions and contractual terms and even a contract review of contract check prior to signature or acceptance (signature is not necessarily required for acceptance under English Law) . What is the last thing you must do before Jeff Bezos will allow you to make him richer?
Not payment. YOU MUST agree to Amazon’s terms and conditions. So, our retort is if its good enough for the richest man in the world who can afford to send Captain James T Kirk into space then it really should be good enough for the rest of us.
?Commercial contracts are the glue that binds business together. Having a written commercial agreement is not just important, it is crucial. The primary purpose of written terms is to provide a clear framework as to how a commercial relationship will work.
For the full text of this article visit www.cwcontractlawandlegal.co.uk
For the full text of this article visit www.cwcontractlawandlegal.co.uk