What should I include in a contract compliance checklist?
A contract compliance checklist typically includes items like contract terms, obligations, deadlines, and compliance with laws.
Can you give me a detailed example of a checklist item?
Sure! One item could be 'Review payment terms' to ensure that all payment schedules and amounts are clearly defined.
What are common compliance issues to look out for?
Common issues include missing signatures, unclear terms, and non-compliance with regulatory requirements.
How often should I review the compliance checklist?
It's best to review the compliance checklist at least quarterly or whenever there are significant changes to the contract.
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