What effects can legal disputes over contracts have on a company?
Disputes may be lost in court. They can also be expensive, time consuming and detrimental to the reputation of a company
What are the general recommendations for those who are drafting a contract for the first time?
Draft a written contract that is as complete and as precise as possible
What should be included in an international contract?
the names and addresses of the parties, fixation of price and details of payment, limitation of liability, remedies in case of breach of duties, an arbitration