Business Law Phase 2 DB Essay Example | Topics and Well Written Essays - 500 words

Business Law Phase 2 DB - Essay Example (b) Buyer has sole control of the defense and all related settlement negotiations; and (c) Buyer provides Seller with the assistance, information and authority necessary to perform Buyer’s obligations under this section. Buyer shall have no liability of any claim of infringement based on use of Equipment altered by the Buyer. 1. Identification of Parties involved: The beginning of the contract should always be with names of the parties signing the contract. In case of involvement of companies or organizations, the name of the company should be followed by the representatives. Contact information will be an additional advantage, if included. 3. Limitations of the Contract: The details of the expiry date, if any, should be mentioned i.e. how and when will the particular contract end? In case of renewals, quote the date and time for contract renewal. 4. Monetary Obligations: Clearly mention all the monetary obligations, costs involved etc of the contract. Also mention the details of taxes involved, their calculations and the person responsible for covering