In the business world, reading through an entire contract can often seem like a tedious practice, especially because many of the contracts you sign have similar provisions. Reading through the new terms is wise, but why bother with the standard stuff? In today’s podcast, Alexander and Peter explain the crucial role that these standard contract provisions, or “boilerplate provisions,” play in creating a legal agreement between two parties. Alexander and Peter each rank their top 5 boilerplate provisions, covering the non-waiver clause, indemnification, limitation of liability, and more. They discuss how an absence of any of these provisions, or......

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