The document discusses 8 habits that can lead to defective contracts: 1) Creating contracts lazily without proper planning, 2) Focusing on potential problems too late, 3) Prioritizing less important details over critical terms, 4) Approaching negotiations with a win-lose mentality rather than cooperation, 5) Using unclear language that could cause misunderstandings, 6) Not involving the right stakeholders, 7) Focusing too much on methods rather than desired outcomes, and 8) Making the contract about the needs of one party rather than a mutually beneficial agreement. The key to an effective contract is building trust between parties.
The document discusses 8 habits that can lead to defective contracts: 1) Creating contracts lazily without proper planning, 2) Focusing on potential problems too late, 3) Prioritizing less important details over critical terms, 4) Approaching negotiations with a win-lose mentality rather than cooperation, 5) Using unclear language that could cause misunderstandings, 6) Not involving the right stakeholders, 7) Focusing too much on methods rather than desired outcomes, and 8) Making the contract about the needs of one party rather than a mutually beneficial agreement. The key to an effective contract is building trust between parties.
