The _____ clause of a contract stipulates whether either party has the ability to terminate the contract at any time, and how much advance notice must be given.
A)effective date and termination
B)payment
C)third-party rights
D)most favored customer
E)force majeure

Question

Quizplus · Accepted Answer

The effective date and termination clause of a contract outlines the specific terms and conditions for terminating the agreement, including whether either party has the ability to terminate the contract at any time and the required notice period.

The _____ Clause of a Contract Stipulates Whether Either Party