A standard sales contract obligates one party to purchase goods or services for a predetermined price established in the contract. Some sales contracts are ongoing and can include a buyout clause.

A small businessperson may find the need to show an example of a proposal for a contract to a potential client. Small companies and clients often spend time hammering out the details of a contract to ...

Learn how a de-escalation clause in contracts lowers prices with cost decreases. Discover examples and benefits that ensure fair terms for both parties involved.