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Arbitration Clause

Autor:   •  November 6, 2016  •  Course Note  •  309 Words (2 Pages)  •  938 Views

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1.) Arbitration Clause- This clause is a written provision in a contract which states all disputes between the client and contractor to be settled in arbitration. This is beneficial because it allows us (BizTech) to settle disputes quickly, in a very inexpensive way and avoids the time-consuming legal system. By resolving issues with arbitration, we would save money and time. Despite the best intentions from BizTech and the Denver Broncos, misunderstandings and disputes will eventually arise.

2.) Liquidated Damages Provision- Since the contract mentions that we are to perform the consulting services in a timely manner; however, that may not always be the case. There may be an occasion, in which, BizTech could have many multiple projects and fall being schedule.

3.) Liquidated Damages Clause- This clause is an agreement usually specified as the total amount of compensation BizTech should get if the Denver Broncos breaches the contract, opting out of our contract deal.

4.) Integration Clause- This clause states the contract is the entire understanding between us and the Denver Broncos and that nothing else is to be considered in the contract.

5.) system. By resolving issues with arbitration, we would save money and time. Despite the best intentions from BizTech and the Denver Broncos, misunderstandings and disputes will eventually arise.

6.) Liquidated Damages Provision- Since the contract mentions that we are to perform the consulting services in a timely manner; however, that may not always be the case. There may be an occasion, in which, BizTech could have many multiple projects and fall being schedule.

7.) Liquidated Damages Clause- This clause is an agreement usually specified as the total amount of compensation BizTech should get if the Denver Broncos breaches the contract, opting out of our contract deal.

8.) Integration Clause- This clause

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