Tag: Warranties

In addition to reading your businessowners insurance policy ASAP, various other contracts that define your business relationships are especially important now. With COVID-19 on the rise and social distancing a critical part of “flattening the curve,” your ability to meet your business’s contractual obligations may be in question. But don’t panic, the contracts’ terms might provide answers, or at least help. Consider, for example, these key provisions: Force majeure—when performance of a contract is impossible because of acts outside the parties’ control (a.k.a.,...