2. 2
CONTRACTUAL AGREEMENT
A contractual agreement is a legally
enforceable agreement between two or
more parties that outlines the terms and
conditions of their relationship. It
involves an offer, acceptance,
consideration (something of value
exchanged), and an intention to create
legal relations.
3. 3
Legal issues in commercial and contractual
agreements refers to the various legal
considerations and potential pitfalls that can
arise when parties enter into business
contracts or agreements.
These issues encompass everything
from the initial formation of the contract to
its performance, enforcement, and potential
resolution of disputes.
LEGAL ISSUSES FOR COMMERCIAL &
CONTRACTUALAGREEEMENT:
4. 4
Contract formation
Terms and Conditions
Breach of Contract
Intellectual property rights
Confidentiality and Non-Disclosure
Dispute Resolution
Compliance with Laws and Regulations
Termination and Exit Strategies
Indemnification
Governing Law and Jurisdiction
LEGAL ISSUSES FOR COMMERCIAL & CONTRACTUAL
AGREEEMENT CAN VARY DEPENDING ON THE SPECIFIC
CERTIFICATES, BUT SOME COMMON ONCE ARE;
5. 5
JURISDICTION
Jurisdiction refers to the authority or power of a
legal or governmental body to make decisions,
apply laws, and enforce them within a specific
geographic area or over certain individuals or
entities. It defines the limits of where a particular
legal systems or authority can operate.
6. KEY FEATURES OF JURISDICTION
Territorality jurisdiction
Subject matter
Personal jurisdiction
Concurrent jurisdiction
Appellate jurisdiction
Sate jurisdiction
International jurisdiction
6
7. 7
Confidentiality in commercial contract
documents refers to the protection of sensitive
information shared between parties involved.
It typically involves clauses specifying how
confidential information will be treated,
shared, and safeguarded throughout the
contractual relationship. This can include trade
secrets, financial data, business strategies, and
other proprietary information.
CONFIDENTIALITY
