Transactional Skills Flashcards

1
Q

Components of Agreement

A
  • Title
  • Premble
  • Recitals
  • Definitions
  • Body
  • Signature Block
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2
Q

Drafting with Precisions

A
  • Active Voice
  • Present Tense
  • Singular v. Plural (singular clearer)
  • Misplaced Modifiers
  • Definitions
    • Make sure definition “fits” (makes sense) when placed in text
  • Punctuation
    • Let’s eat grandma
    • Let’s eat, grandma
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3
Q

Merger Clause

[Parol Evidence]

A
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4
Q

Dispute Resolution

A
  • Costs and Attorney’s Fees
  • Choice of Law
  • Choice of Forum
  • Arbitration [Arbitration Clauses]
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5
Q

Severability, Savings and Amendment Waiver

A
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6
Q

Risk Allocation

A
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7
Q

Use of Forms

A
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