One-sided agreements that heavily favor one party should include limitations of liability to protect against costly damages claims. Effective contracts require affirmative consent, such as with clickwrap that forces the user to click "I Accept" after viewing terms. Letters of intent can be legally binding, so they should be taken seriously and drafted by a lawyer to outline key deal points like payment amounts, intellectual property issues, and liability. Requests for proposals are used to solicit offers from vendors to provide a specified service within the client's budget. Standard agreement templates should be prepared ahead of time to efficiently finalize deals when opportunities arise. Limitations of liability are a standard part of most contracts.

1. Module 2 Words and Phrases-PostBlog, Webpage:
1.One-SidedAgreements-Youcan get away with it because no one reads them.
Include a limitation of liability that states no matter how bad it is we owe you
nothing or very little.
2. A Real Contract-Two common ways websites attempt to form contracts is to
clickwrap and browsewrap.
3.Clickwrap is when you are forced to affirmatively click on a button that says
something like “I Accept” after you have been given the terms of the agreement.
4.Browsewrap is more problematic. Make the terms and conditions link
conspicuous and make it say.
5. Letters of intent can be binding agreements, so take them very seriously and
they need to be written by an attorney.
6. LOI are called by many names Memorandum of Understanding, Agreement of
Principle, and Term Sheet.
7. The Negotiation – things to consider: the developer is limited to the amount
paid by the customer to the developer pursuant to the agreement, reciprocity,
infringement of intellectual property, and finally property damage and bodily
injury.
8.Working With Requests For Proposals – RFP request for proposal is
essentially a request for potential vendors to make offers to provide a service or
product that matches your basic specifications and budget.
9.Have Ready-to-Go Documents-The reason to have these agreements ready to
go is when a deal is at this.
10. It’s the Norm – Limits of liability are the norm.