What are some common clauses in contracts?
An example of an AI chatbot conversation about contract clauses and their significance.
What are some common clauses in contracts?
Common clauses include confidentiality, termination, indemnity, and dispute resolution.
Can you explain the purpose of a confidentiality clause?
A confidentiality clause protects sensitive information from being disclosed to unauthorized parties.
What is a termination clause?
A termination clause outlines the conditions under which a contract can be ended by either party.
Are there any clauses that are mandatory in contracts?
Yes, certain clauses like governing law and signatures are often mandatory in contracts.
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