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Avoidance always better than cure

By: Series: Mind Your Own Business ; 27(5) May 2004, 26(1)Publication details: 2004Subject(s): Summary: Gives advice on how to avoid or limit disputes occurring in the commercial sector. Disputes can be minimised by a company having in place formal documentation setting out in detail the basis of a company's trading relationship. Contracts giving standard terms and conditions should be drawn up with customers or suppliers of a company with a view to protecting its position. If a dispute occurs, proper legal advice should be sought as soon as possible as failure to do so can lead to the undermining of the company's case by failing to properly present itself at the crucial early stage.

Gives advice on how to avoid or limit disputes occurring in the commercial sector. Disputes can be minimised by a company having in place formal documentation setting out in detail the basis of a company's trading relationship. Contracts giving standard terms and conditions should be drawn up with customers or suppliers of a company with a view to protecting its position. If a dispute occurs, proper legal advice should be sought as soon as possible as failure to do so can lead to the undermining of the company's case by failing to properly present itself at the crucial early stage.