Accessibility A A A A

Contracts and liability

Managing contract risks is central to a profitable business. Failing to manage the risks, including not spending enough time or not using legal experts, can result in:

  • legal disputes
  • entering into an unfavourable contract
  • not formalising a contract
  • financial losses

A good contract clarifies the tasks, rights and responsibilities of the parties. Taking care when drafting contracts improves co-operation between the parties and helps avoid problems.

Find out how well you deal with contracts and liabilities by filling out this questionnaire. If you want to know more about the topic before you start, have a look at the following signposts:

As you complete the questionnaire, write down any evidence to support your answers in Your notes. If you answer ‘no’ to any of the questions, you need to look at these areas in more detail.

Think about the causes of the hazards and the consequences, as well as the control measures you’ll need and who’ll be responsible for introducing them. Use Your risk map to record this information.

Download questionnaire
Questionnaire requires Acrobat version 10 or higher to be installed on your computer.
Download Acrobat
HomeHow to useStarting PointDirect routeStep-by-step routeResources