In today’s business environment, contracts govern many business-to-business (B2B) transactions.

Before diving in, it helps to understand the fundamental differences between unilateral vs bilateral contracts and how each type affects your obligations.

Being contract savvy will ensure that you are never unpleasantly surprised by something you discover after entering into an agreement with another company.

If you’re responsible for signing contracts on behalf of your company, here are 10 areas you should have a thorough understanding of before you sign on the proverbial dotted line. (more…)