35. What happens if the contract is breached or a dispute arises? Is this specified in
the agreement? Are there provisions for anticipatory breach (if it appears reasonable
someone will not perform)? What forms of notice are required? What actions may be
taken by either party in the event of an anticipatory breach? Who speaks for the company
in matters of the contract after the contract has been executed? Is there a formal
procedure for dispute resolution? Is the contract subject to arbitration? How is/are the
arbitor(s) selected?
36. Which state’s law governs the interpretation of the contract by a court of law? Are
you aware of the laws of that state? Is it so stated in the contract?
37. Does the agent pay legal fees if the company is sued for the agent’s acts?