Contract Terms to Know: Severability Clause
A severability clause allows judges to cut out unenforceable clasus from a contract while leaving the rest of the contract intact.
Contract Terms to Know: Force Majeure
Force Majeure addresses what happens when a contract cannot be performed due to an outside event, like weather, strikes, terrorism, etc.
Contract Terms to Know: Consequential Damages
Consequential damages are the indirect costs of a breached contract.