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Contracting Basics

Learn the Contract Management Basics

Not sure what is an NDA, MSA, SLA, Indemnity, Adhesion contract, and more? Learn the contract management basics here.

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Force majeure clause. Learn more.

What is a Force Majeure Clause?

Discover the importance of the Force Majeure clause in contracts. Learn how these provisions protect businesses from unforeseen events like natural disasters, wars, and government actions, while ensuring business continuity and legal protection.
Indemnification clause in contracts

What is the Indemnification Clause in Contracts?

The indemnification clause is a standard provision in most commercial contracts. They serve as a critical tool for risk allocation between parties. Learn why it is one of the most commonly negotiated terms of a contract.

What is GDPR? What does it mean to be GDPR compliant?

Data privacy has become a crucial concern for individuals and businesses in the age of digitization and AI. The General Data Protection Regulation (GDPR) is landmark legislation aimed at protecting the personal data and privacy of individuals within the European Union (EU). Learn what it means to be GDPR-compliant, its benefits, and contract management best practices.
Chance element in an Aleatory Contract

What is an Aleatory Contract?

Have you ever entered an agreement where the outcome depends on an uncertain event? This is the essence of an aleatory contract, a legal concept that governs situations where chance plays a significant role.

What Is a Licensing Agreement?

Unlock the power of licensing agreements! This comprehensive guide explains what they are, what types of intellectual property (IP) it covers, common terms, and how it benefits both parties. Learn how to avoid breaches and discover how contract management software streamlines compliance.
Purchase and sale agreement in real estate

What is a Purchase and Sale Agreement?

Ensure smooth and secure transactions with purchase and sale agreements (PSAs). This guide explains what PSAs are, what they cover, and their importance. Learn how PSAs are used in commercial contexts like real estate and how contract management platforms can streamline their management.
June 5, 2024

What is a Contractual Obligation?

Master your agreements! This guide explains contractual obligations, their importance, and different types. Learn how they ensure compliance, manage risk, build trust in business relationships. Discover the challenges of manual management and the benefits of contract management software.