**What are the key elements that must be included in a legally binding contract?
5. **What are the best practices for ensuring that a contract is enforceable and aligns with the current legal and regulatory framework?
4. **How does one determine the appropriate governing law and jurisdiction clauses in an international contract?
3. **What are the common pitfalls or errors in contract drafting that one should avoid to prevent future disputes or misunderstandings?
2. **How can one effectively identify and mitigate potential risks and liabilities within a contract during the review process?
**What are the essential terms and clauses that should be included in a contract to ensure clarity and mutual understanding between parties?
5. **What role does jurisdiction play in contract drafting, and how can it affect the interpretation and enforcement of contractual terms?
4. **How can parties effectively negotiate terms during the drafting phase to achieve a balanced agreement that satisfies all involved parties?
3. **What are common pitfalls to avoid during the contract review process to prevent future disputes or legal challenges?
2. **How can potential ambiguities in a contract be identified and resolved before finalizing the document?