Contracts, Business & Corporate Law Blog
The Essential Contract Review Checklist - Part 3: Consideration and Payment Terms - The Lifeblood of the Agreement
In this article, which is the third in a series of articles, I delve into the core financial aspects of contract review, focusing on consideration and payment terms. From ensuring the adequacy of consideration to defining clear payment due dates and payment methods, each element plays a pivotal role in safeguarding contractual interests. By addressing these key areas, you can help ensure that your contract is not only comprehensive and enforceable but also aligned with the financial needs and expectations of all parties.