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Page 8 of 28 FA820218C000 1CONTRACT CLAUSES52.2021DEFINITIONS (NOV 2013) (LAW FAR 2.201)52.2033GRATUITIES (APR 1984) (LAW FAR 3.202)52.2035COVENANT AGAINST CONTINGENT FEES (MAY 2014) (LAW FAR 3.404)52.2036RESTRICTIONS
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Read the contract thoroughly to understand the terms and conditions.
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Identify the parties involved in the contract.
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Define the obligations of each party clearly.
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Who needs contract clauses?

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Anyone entering into a legal agreement or business arrangement can benefit from having contract clauses.
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Companies, individuals, organizations, and businesses use contract clauses to protect their rights and outline expectations in a written document.
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Contract clauses are specific terms and conditions that are included in a contract to outline the rights and responsibilities of the parties involved.
Contract clauses are typically required to be filed by both parties entering into a contract.
Contract clauses can be filled out by including specific language in the contract that addresses various aspects of the agreement.
The purpose of contract clauses is to clarify the expectations and obligations of the parties involved in the contract.
Contract clauses must report details about payment terms, delivery schedules, termination procedures, and dispute resolution mechanisms.
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