The systematic inspection list for commercial contracts: twelve areas — liability, indemnification, termination, payment, IP, confidentiality, warranties, limitation of remedies, assignment & change of control, governing law, force majeure, data protection — each to be stated, cited as [Document § section], and flagged when missing, one-sided or ambiguous. Structuring a review or checking why a risk area was (or wasn't) inspected.
name: contract-risk-checklist description: A checklist of the high-risk areas to inspect in a commercial contract. Use when reviewing a contract for risk.
When reviewing a commercial contract, inspect each of these areas and cite the governing clause (or note its absence):
For each area: state what the contract says, cite as [<Document> § <section>],
and flag missing, one-sided, or ambiguous terms.