Category: Legal

Budgetary Quotation   Unable to provide a firm quotation to your customer because your software or hardware vendors have yet to finalise their pricing? A Quotation is an offer (with essential terms e.g. price, quantity, delivery) to supply goods or carry out work. Your offer is capable of acceptance by the customer to result in… Continue reading Budgetary Quotation

Posion Pill – Clauses in legal contracts   Time is of the essence “The parties herby agree that time is of the essence with respect to performance of each parties’ obligations under this Agreement.” “Time is of the essence for each and every provision of this Agreement.” This means that strict compliance with specified deadlines… Continue reading Posion Pill – Clauses in legal contracts