Contracts Contracts A contract is an agreement that is enforceable by law. Modern business could not exist without such contracts. Most business transactions involve commitments to furnish goods, services, or real property; these commitments are usually in the form of contracts. Use of the contract in business affairs ensures, to some extent, the performance of.
Exposure to Lawsuits Exposure to Lawsuits Exposure to lawsuits Potential customers may rely upon SIT’s products for critical energy needs. A malfunction or the inadequate design of the Company’s products could result in tort or warranty claims. Although SIT generally will seek to reduce the risk of any claims by methods including insurance, warranty disclaimers.
Business Essay Preview: Business Report this essay Exposure to lawsuits Potential customers may rely upon SIT’s products for critical energy needs. A malfunction or the inadequate design of the Company’s products could result in tort or warranty claims. Although SIT generally will seek to reduce the risk of any claims by methods including insurance, warranty.
