Reasons for Contracts

The Importance of Force Majeure Clauses

by Graham Martin on January 6, 2011 · 0 comments

When the roof of the Metrodome in Minneapolis collapsed on December 12, 2010 due to a big snow storm, it provided a great real-world example of the importance of force majeure clauses.

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Contract Breach Remedies: Specific Performance

October 12, 2010

A recent story by The Onion outlined a fantastically over-the-top example of a breach of contract remedy known as “specific performance.” The story–which is part of their News in Brief series–is reproduced in its entirety here.

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Contracts Build Good Relationships

February 25, 2010

Recently I stumbled upon a post noting that Contracts may get in the  way of doing good business, sustaining relationships, and building trust. The author of the original article suggests that insisting everything is put in writing upfront implies that the parties don’t trust each other, which puts people in a bad place to start their relationships and [...]

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