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The "How-to" Book:
A Practice Management Guide
Developing a Business Plan Human Resource Management Facilities & Equipment Financial Management Business Continuity
Financial Management
Contents
Accounting
Bookkeeping/Accounting systems
Chart of accounts
Personal
Business
Commission tracking
Taxes
Budgeting
Contracts
Contract checklist
93 Questions to ask before signing
Preliminary considerations
Status & authority of agent
Restrictions
Termination of contract
Modifications
Dispute resolution
Support & services
Compensation
Vesting
Fringe benefits
Sale of securities
Practice continuation
Liens
Insurance
Errors & ommissions
Property & casualty
Employee benefits
Financial records
For the agent
For the client
Banking on your business
Why do I need a banker?
Gather the data
Surprise!
Now's the time
What's in it for the bank
Sample documents
Home > Financial Management Untitled

Dispute Resolution

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?

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