What are the essential elements that should be included in a contract to ensure it is legally binding and enforceable?
5. **What role do indemnity and liability clauses play in contract drafting, and how can they be effectively structured?
4. **How should negotiable terms be addressed and documented during the contract negotiation process?
3. **What are the common pitfalls or red flags to watch for when reviewing a contract?
2. **How can ambiguities and potential disputes be minimized during the contract drafting process?
**What key elements should be included in a well-drafted contract to ensure its enforceability and clarity?
What role does due diligence play in the contract review process, particularly when dealing with large or complex agreements?
How important is the incorporation of dispute resolution mechanisms in a contract, and what options are typically available?
What are the common pitfalls to watch out for during contract review that could lead to unfavorable terms for a party?
How can ambiguities in contract language be minimized during the drafting process to prevent future disputes?