FAQs: Contracts and Purchasing Law

FAQs: Contracts and Purchasing Law

Join this webinar to hear answers to these and other questions:

  • What is the best way to “fight” the battle of the forms?
  • If I no longer need the services or products, can I cancel the contract?
  • When suppliers insist on a limitation of liabilities are they saying they’re not willing to stand behind their product or service?
  • What are approaches to negotiating the seller’s limitation of liabilities?
  • How does a supplier’s insurance apply to the issue of limitation of liabilities?
  • If an unauthorized employee (e.g., engineer) makes a commitment to purchase from a supplier, will our company be responsible?
  • How do I get a faster response from Legal?
  • What happens to my contract if my supplier/ customer is bought out by another company?
  • Q&A

TAKE AWAYS:

  • Suggested “Battle of the Forms” clauses to insert on a Buyer Purchase Order and a Seller Quote/ Acknowledgement form
  • Recommended Termination clause to insert in a Seller proposed contract
  • Practical approaches to negotiating Limitations of Liabilities clauses
  • Answers to some frequently asked questions
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