Task 1.2

a. list of eight common contract terms or clauses that you have found and explain the importance of each in the context of the contract agreement. ( short brief per term). An example is provided for you:

Dispute resolution - this clause specifies the procedure to be followed in the case of a dispute between the parties such that escalation is avoided, and the dispute is resolved in the most expedient and least disruptive means in terms of the performance of the contract.