POTENTIAL CONSEQUENCES OF SELF-FACILIATED DRAWING-UP OF AN AGREEMENT
01Agreement is downloaded from the Internet.
02Drawing-up of model agreements instead of individual ones.
03Stating one Paragraph only in Clause “Responsibility of the Parties”: “The Parties shall bear responsibility in accordance withthe laws of the Republic of Belarus”.
01Regulations stated in an agreement, which are obsolete or inconsistent with the existing laws may lead to complete or partial invalidity of the agreement.
(See Article 127 of the Civil Code of the Republic of Belarus.)
02Unfavourable provision and enhanced responsibility in the course of closing a transaction. In case any problems which occur with your contracting party there is a seriousrisk to lose a case.
03It considerably limits your further activity and according to the practice, it can often be not in your favour.
- What should you know when drawing up a contract?
- Which terms and conditions should be obligatory for inclusion into a contract?
- How can you secure yourself to the greatestextent possible?
- Which specific features are applied for drawing up of a contract in yourscopeof activity?