Using the contract linked below Answer the following: Are the parties clearly identified? Who are the parties
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Question:
Using the contract linked below
Answer the following:
- Are the parties clearly identified? Who are the parties to this contract.
- Analyze who the typical audience is and discuss whether this contract is appropriately written for this audience (e.g. are they both merchants or individuals, does it make a difference if one is a merchant or and the other party is not?).
- Is there any "fine print" that is concerning? If so, why?
- Are there any ambiguous terms? If so, which ones and why?
- Does the contract provide a resolution mechanism if there are disputes?
- Do you find any items particularly interesting about the contract?
- How are breaches handled?
- Are there any surprises in this contract?
- Are each party's obligations clear? Why or why not?
- Do you have recommendations on how to improve the contract?
https://www.hbs.edu/newventurecompetition/Documents/Nondisclosure%20Agreement.docx
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