A standard sales contract obligates one party to purchase goods or services for a predetermined price established in the contract. Some sales contracts are ongoing and can include a buyout clause.

Pay-if-paid clauses are conditional payment provisions commonly included in construction subcontracts. The intent of a pay-if-paid clause is to shift the risk of loss from the prime contractor to its ...

It's a course of action that conveyancers should avoid without good reason 'but where no alternative to a conditional contract exists John Coulter advises 'careful consideration of the terms to be ...