Short Texts: Contract Extracts

Answer Key:

1. b) It remains the property of the service provider unless otherwise agreed in writing.

2. a) That the information comes with any warranties or guarantees.

3. c) Both full-time and freelance work within the specified region.

4. c) The client must be both informed and in agreement.

5. a) Possible termination of the agreement and compensation for damages.

6. c) The right to withhold profit distributions until obligations are met.

7. b) A 5% fee reduction will be applied for each day past the deadline.

8. c) If the licensor fails to maintain good performance.