What are the two greatest contributors to contract disputes

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1. What are the “two greatest contributors” to contract disputes? Why is it a good idea to use plain English instead of legalese when drafting a contract? What is a “letter of intent? ” What might be included in a letter of intent to avoid future disagreements over the legal effect of the letter?

2. Describe briefly the “tips for contracts” contained in this article. In your opinion, are some tips more important than others? Why or why not?

3. The article points out that “any ambiguity in an agreement is construed against the party drafting it.” Is this fair? Explain.

4. What is an “integration” clause? What should it be included in a contract with respect to future modifications of the contract?

5. Read through the text of the section on “Enforcement.” What types of clauses relating to enforcement should be included in a contract?

Reference no: EM131743340

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