B2B Terms: 3 Key Concerns In Supply Contracts

All commercial relationships are a matter of risk. For suppliers and service providers, contractual terms play a key role in controlling such potential risk exposure and realising the value of customer relationships. 

A well-drafted contract operates as an essential tool in managing the relationship between supplier and customer, including when and how goods or services are to be delivered, to what standard, the obligations of each party, and what remedies are available should things go wrong.

Certain UK legislation implies terms in contracts for the sale of goods and services that either cannot be excluded  or will take effect unless they areexpressly  excluded from a contract.