Supply contracts are the backbone of many businesses, providing the buying with essential goods for a production process or finished product inventory for sale. In the supply chains these agreements create, time is of the essence. Buyers rely on timely delivery of quality raw material or inventory. Production and sales are often finely calibrated for just in time delivery. In addition, there area wide range of liability issues involved in these agreements because any disruption of the supply chain can cause substantial losses. This program will provide you with a practical guide to reviewing the most important provisions of supply agreements for clients.
Note: This material qualifies for self-study credit only. Pursuant to Regulation 15.04.5, a lawyer may receive up to six hours of self-study credit in a reporting year. Self-study programs do not qualify for GAL Certification, ethics, elimination of bias or Kansas credit.
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