The best business practice for those tasked with creating a contract is to
A) Define any unclear terms within the contract itself
B) Use general terms so as to make the contract flexible and open to interpretation
C) Always operate from a superior bargaining power to exert pressure.
D) Create a contract that has a lot of loopholes.

Question

Quizplus · Accepted Answer

Defining unclear terms within the contract itself is crucial to avoid misunderstandings and disputes, ensuring that all parties have a clear understanding of their obligations and rights.

The Best Business Practice for Those Tasked with Creating a Contract