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effective

Page history last edited by abogado 10 years, 1 month ago

Invent a Product 

baseline (  "C"  paper )

effective  ( "B" paper )
exemplary ( "A" paper )

 


B  - Effective (must also include all items from Baseline) (80 - 89 or a Letter Grade of "B")

1.6 Provide boilerplate provisions  - see  http://missionparalegal.pbworks.com/boilerplate
1.7 Give clear definitions of terms, when necessary
1.8 External resources are used to enhance the contract provisions
1.9 Anticipate problems with enforcement of your contract, and draft special provisions to handle enforcement problems.

1. Dispute Provisions:

These provisions should be included in order to determine what will be done if a dispute arises. This can include ways to resolve the conflict, such as by mediation or arbitration, instead of business litigation, which can be very expensive and time-consuming. Settlement possibilities can also be stated.

 

2. Severability Clause:

When a court finds any part of a contract illegal, ineffective, or unenforceable, the default rule is to deem the entire contract void. A severability clause states that the rest of the contract is enforceable when any part of that contract is illegal, ineffective, or unenforceable. This protects the contracts’ parties from premature termination of the contract, and helps maintain the spirit of the contract.

 

3. Integration Clause:

An integration clause declares that the contract is the complete and final agreement between the parties. Thus, when included, any oral agreements made between parties will not be enforced. This prevents problems that can often arise when oral agreements are disputed.

 

4. Choice of Law Clause:

Because business transactions often occur between parties of different states, it is often important to declare what state’s laws to use in the event of a dispute. Different jurisdictions have different statutes regarding business transactions, so this clause will make it clear to all parties under which jurisdiction the contract falls.

 

 

 

 

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